The Ministry of Finance plans to issue a third round of 2025 ultra-long-term special national bonds (Phase II) with a total tender value of 71 billion yuan.

According to the Zhitong Finance APP, the Ministry of Finance announced on its official website on May 29 that it plans to issue the third tranche of 2025 Super Long Term Special National Bonds (Phase II). This issuance will be in the form of 30-year fixed-rate interest-bearing bonds. The total face value of the competitive bidding for the issuance of these bonds is 71 billion yuan, with no additional bids from Class A members. The face interest rate of these bonds is the same as that of the previous bonds issued at the same time, at 1.88%.