The Ministry of Finance plans to issue the 2026 book-entry interest-bearing national bonds for the third time.

This bond issuance is a 30-year fixed-rate interest-bearing bond. The total face value of the competitive bidding for the issuance of bonds is 24 billion yuan, and no additional bids from Class A members will be accepted. The face interest rate of the bond is the same as that of the previous bonds issued, at 2.38%. The start date and redemption arrangements of this bond issuance are the same as those of the previous bonds issued at the same time. Interest will accrue from January 15, 2026, and will be paid every January 15th and July 15th. The principal will be repaid and the final interest payment will be made on January 15, 2056.