The Ministry of Finance and the People's Bank of China will conduct an auction for the 2026 second tranche of central treasury cash management commercial bank time deposits on February 10, 2026, from 9:00 to 9:30 AM. The auction will be carried out via the central bank's treasury cash management system. This tranche involves 150 billion yuan with a one-month (28-day) maturity. The value date is February 10, 2026, and the maturity date is March 10, 2026 (extended in case of holidays). The deposit will be auctioned to qualified commercial banks participating in the central treasury cash management program using a single-price interest rate bidding method. The auction will follow the established rules and procedures for central treasury cash management commercial bank time deposits.