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

The Ministry of Finance plans to issue book-entry discount treasury bonds for 2025. This batch of treasury bonds is a 91-day discount bond. The total face value of competitive biddings for this batch is 40 billion yuan and Class A members can submit additional bids. The issuance price of the treasury bonds will be determined through competitive bidding, with the bonds being issued at a discount price lower than the face value. Interest for this batch of treasury bonds will start accruing from May 15, 2025, and will be repaid at face value on August 14, 2025.