The Ministry of Finance has scheduled a follow-up sale for today (the 9th), marking the second issuance of the 2026 ultra-long special government bonds (Tranche Three). This offering involves 350 billion yuan in 50-year fixed-rate bonds, carrying the same coupon rate of 2.52% as the initial issuance, maintaining consistency in yield for investors.

Proceeds from this tranche are directed toward long-term national strategic projects, reinforcing the government's commitment to funding major infrastructure and development initiatives. The bonds are designed to provide stable returns over an extended horizon, appealing to institutional investors seeking secure, long-dated assets.

This move underscores a steady approach to managing fiscal resources, with the continuation of the ultra-long special bond program aimed at supporting economic stability and growth objectives.