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

Varieties. This period's treasury bonds are discount bonds with a maturity of 182 days. Issuance quantity. The total face value of competitive bidding for this period's treasury bonds is 60 billion yuan, with additional bids from Class A members. Issuance price. The issuance price of this period's treasury bonds is determined through competitive bidding, with issuance at a discount price lower than the face value. Maturity date. This period's treasury bonds will start accruing interest on December 25, 2025, and will be repaid at face value on June 25, 2026.