China has completed the issuance of 188 billion yuan ($26.35 billion) of ultra-long special treasury bonds in 2025, supporting the implementation of large-scale equipment upgrades across key sectors, the National Development and Reform Commission (NDRC) announced on Wednesday. https://t.co/HCccoDnARk
🚨 CHINA UNLEASHES $25.9B EQUIPMENT UPGRADE BLITZ ACROSS KEY SECTORS Beijing greenlights CNY 188B from 2025 treasury bonds to turbocharge modernization across 8,400 projects in energy, transport, healthcare, and more—aiming to spark over CNY 1T in total investment and fast-track https://t.co/nGRRhciWNf
China Issues 20-Year Special Sovereign Bonds At 2.0596% Interest Rate 🇨🇳
China has completed the sale of 188 billion yuan ($26.35 billion) in ultra-long special treasury bonds, the National Development and Reform Commission said. The funds will underwrite large-scale equipment upgrades across 8,400 projects in energy, logistics, environmental protection, healthcare and other priority industries. The bond deal, part of the 2025 sovereign funding plan, is intended to accelerate industrial modernisation and support broader investment in advanced infrastructure. Beijing expects the programme to crowd in additional capital and bolster domestic demand amid a slowing economy. In parallel auctions this week, the government offered three-year notes at a 1.42% yield and 20-year special sovereign bonds at 2.0596%, signalling authorities’ effort to lock in low borrowing costs while extending the maturity profile of public debt.