The Ministry of Finance plans to issue 3-year book-entry interest-bearing national bonds in 2026 with a total value of 130 billion yuan.

Announcement by the Ministry of Finance: The book-entry interest-bearing national bonds due in 2026 will be competitively bid on February 24, 2026, from 10:35 to 11:35. The face interest rate will be determined through the bidding process. This issue of national bonds is a 3-year fixed-rate interest-bearing bond with an issuance amount of 130 billion yuan. Interest will start accruing from February 25, 2026, and will be paid annually. The principal will be repaid on February 25, 2029, along with the final interest payment. The winning underwriting group members are required to remit the issuance funds to the designated account of the Ministry of Finance before February 25, 2026. The issuance fee is 0.03% of the underwriting face value for each underwriting group member.