This year marks the beginning of the issuance of ultra-long-term special government bonds totaling 1.3 trillion yuan.

This year, the issuance of super long-term special government bonds totaling 1.3 trillion yuan has begun. According to the arrangement, the Ministry of Finance will issue 340 billion yuan of 20-year bonds and 850 billion yuan of 30-year bonds on April 24, with a total issuance size of 1190 billion yuan. Zhang Yi, chief economist of Finance Street Securities, told reporters that overall, the pace of issuance of super long-term government bonds in 2026 will be consistent with that of 2025. In order to coordinate fund allocation by the end of June, the peak issuance period will be in May and June, with an estimated issuance amount of about 550 billion yuan in the first half of the year.