Ministry of Finance: Notice on Related Matters of the First Re-Issuance of Book-Entry Exempt Bonds in 2026.

Underwriter of Book-entry Treasury Bonds, Central Depository & Clearing Co., Ltd. of China (CSDCC), China Securities Depository and Clearing Corporation Limited (CSDC), China Foreign Exchange Trade System, Shanghai Stock Exchange, Shenzhen Stock Exchange, Beijing Stock Exchange: The Ministry of Finance plans to issue the first reissue of book-entry interest-bearing Treasury bonds due in 2026. The relevant matters of this reissue are notified as follows: 1. Bond Details Type: The Treasury bonds to be reissued this time are 10-year fixed-rate interest-bearing bonds. Amount: The total face value of competitive tender for this reissue of Treasury bonds is 90 billion yuan, with additional bidding allowed for Class A members. Coupon Rate: The coupon rate of this reissue of Treasury bonds is the same as the previous issue, at 1.72%. Maturity Date: The starting date and redemption arrangements of this reissue of Treasury bonds are the same as the previous issue. Interest starts to accrue from May 15, 2026, with semi-annual interest payments on May 15 and November 15 each year, and the principal is due on May 15, 2036, along with the last interest payment. 2. Competitive Tender Arrangements Tender Time: From 10:35 to 11:35 on May 25, 2026. Tender Method: Revised multiple-price bid method with bids based on price. Issue System: The bidding and issuance will be conducted through the Ministry of Finance's Beijing Stock Exchange Government Bond Issuance System. Bid Limit: Bid increments of 0.09 yuan, with exclusion bid limits, winning bid exclusion limits, and bid slot differences of 100, 40, and 45 slots, respectively. 3. Payment of Issuance Funds and Issuance Fees Winning underwriting members are required to pay the issuance funds into the designated account of the Ministry of Finance by May 26, 2026. The payment date is based on the date the designated account of the Ministry of Finance receives the funds. Payee Name: Ministry of Finance of the People's Republic of China Bank: National Treasury General Treasury Account number: 270-26110-2 The issuance fee for this reissue of Treasury bonds is 0.06% of the underwritten face value for each underwriting member. 4. Distribution and Listing Date Distribution of the Treasury bonds reissued this time will take place from the end of bidding until May 26, 2026, and trading will begin on May 28, 2026, merging with the previously issued Treasury bonds of the same period. 5. Other The format of the emergency bid book and the emergency application for debt custody for this issuance can be found in Annex 1 and 2. In addition to the above provisions, this Treasury bond bidding work will be conducted in accordance with the "Rules for Bidding and Issuance of Book-Entry Treasury Bonds." Attachment: 1. Emergency Bid Book for Book-entry Treasury Bonds 2. Emergency Application for Debt Custody for Book-entry Treasury Bonds.