The issuance of ultra-long-term special government bonds, which has attracted much attention, has been put on the agenda. The General Office of the Ministry of Finance issued a notice on May 13, clarifying the relevant arrangements for the issuance of ultra-long-term special treasury bonds in 2024.
The picture shows the 2024 ultra-long-term special treasury bond issuance schedule (Photo source: official website of the Ministry of Finance)
This year's government work report proposes that starting from this year, it is planned to issue ultra-long-term special treasury bonds for several consecutive years, which will be used for the implementation of major national strategies and security capacity building in key areas, and 1 trillion yuan will be issued this year. According to the notice, the maturity of ultra-long-term special treasury bonds to be issued this year is 20 years, 30 years, and 50 years respectively, and the first issuance time is May 17, and the issuance will be completed in mid-November.
Source: Xinhua News Agency Review: Ma Xiangyu Editor: Hu Peilin Proofreader: Xie Mingao