The Ministry of Finance plans to issue the first tranche of 2025 book-entry interest-bearing national bonds, with a total bid amount of 157 billion yuan.

The Ministry of Finance plans to issue the 2025 book-entry interest-bearing government bonds for the first time. The bonds to be issued this time are 3-year fixed-rate interest bonds. The total face value of the competitive bidding for this bond issuance is 157 billion yuan, and additional bids will be accepted from Class A members. The face interest rate of the bonds to be issued this time is the same as that of the same period of bonds issued before, which is 1.42%. The bidding period is from 10:35 to 11:35 on the morning of September 26, 2025.