The Ministry of Finance plans to issue the first renewal of 2025 accounting interest-bearing government bonds.

The Ministry of Finance issued a notice stating that it plans to issue a second tranche of the 2025 book-entry interest-bearing government bonds. The total face value of the competitive bidding for this round of bond issuance is 170 billion yuan, with additional bids allowed for Class A members. The face interest rate of the bonds to be issued this time is the same as that of the same period bonds issued earlier, at 1.37%. The interest start date and redemption arrangements for the bonds to be issued this time are the same as those of the same period bonds issued earlier. Interest will start accruing from April 15, 2025, and the principal and interest will be repaid in full on April 15, 2026.