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editor du yu

according to the ministry of financethe website reported on september 14th,the ministry of finance issued a notice stating that it plans to issueultra-long term special government bonds(sixth issue) (30-year period).the total face value of this period's competitive bidding for national debt is 60 billion yuanthe coupon rate of this issue of treasury bonds is determined through competitive bidding. the interest of this issue of treasury bonds will be calculated from september 25, 2024, and the interest will be paid every six months. the interest payment date is march 25 (postponed on holidays) and september 25 every year. the principal will be repaid and the last interest will be paid on september 25, 2054.

image source: photo by han yang, reporter of china business network

notice on the issuance of the 2024 ultra-long-term special treasury bonds (sixth phase)

caibanku〔2024〕no.195

members of the book-entry treasury bond underwriting group: china central depository and clearing co., ltd., china securities depository and clearing co., ltd., china foreign exchange trade system, shanghai stock exchange, shenzhen stock exchange:

the ministry of finance plans to issue the 2024 ultra-long-term special treasury bonds (sixth phase) (30-year term). the relevant matters regarding this issuance are hereby notified as follows: