The Ministry of Finance plans to issue book-entry discount Treasury bonds in 2025.

The Ministry of Finance issued a notice stating that it plans to issue 2025 book-entry discount national bonds. This bond issue is a discount bond with a maturity of 182 days. The total face value of the competitive tender for this bond is 60 billion yuan, with additional bids by Class A members. The issue price of this bond will be determined through competitive tender, with issuance at a discount price below the face value. The bidding time is from 10:35 to 11:35 in the morning on November 12, 2025.