The Ministry of Finance plans to issue book-entry discount Treasury bonds in 2025.

According to the Ministry of Finance on September 9th, the Ministry of Finance plans to issue discount Treasury bonds with a maturity of 91 days in 2025. The total face value of the competitive bidding for this bond is 30 billion yuan, with additional bids from Category A members. The issue price of this bond will be determined through competitive bidding, with a discount below the face value. Interest on this bond will begin to accrue on September 11, 2025, and will be repaid at face value on December 11, 2025. The bidding period is from 10:35 to 11:35 on September 10, 2025, and distribution will take place from the end of bidding until September 11, with trading starting on September 15.