The Ministry of Finance plans to issue 60 billion yuan in book-entry treasury discount bonds.

The Ministry of Finance website announced on July 15th that the Ministry of Finance plans to issue discounted treasury bonds maturing in 2025. This bond has a term of 182 days, with a total face value of 60 billion yuan through competitive bidding. Class A members are allowed to submit additional bids. The issuance price will be determined through competitive bidding, with the bonds issued at a discount price lower than the face value. Interest will start accruing from July 17, 2025, and the bonds will be repaid at face value on January 15, 2026.