The Ministry of Finance plans to conduct a third continuation issuance of 2026 ultra-long special treasury bonds, with a total tender face value of 20 billion yuan.

The Ministry of Finance plans to conduct the third continuation issuance of 2026 ultra-long special treasury bonds. This continuation issuance is a 20-year fixed-rate interest-bearing bond. The total face value of the competitive bidding for this continuation issuance is RMB 20 billion, with no additional bidding by Class A members. The coupon rate of this continuation issuance is the same as that of the previously issued bonds of the same tenor, at 2.24%. The interest accrual date and redemption arrangements of this continuation issuance are the same as those of the previously issued bonds of the same tenor. Interest begins accruing on July 15, 2026, with semi-annual interest payments on January 15 and July 15 each year, and principal repayment plus the final interest payment on July 15, 2046. The bidding time is from 10:35 a.m. to 11:35 a.m. on October 16, 2026.