财政部拟发行2025年超长期特别国债（四期） 招标面值总额400亿元

Core Viewpoint - The Ministry of Finance plans to issue the 2025 ultra-long-term special government bonds (Phase IV) with a total competitive bidding face value of 40 billion yuan [1] Group 1: Bond Details - The bonds will have a fixed interest rate and a maturity period of 20 years [1] - The total face value for this competitive bidding is set at 40 billion yuan, with no additional bidding from Class A members [1] - The coupon rate for these bonds will be determined through competitive bidding [1] Group 2: Auction Information - The auction is scheduled for July 14, 2025, from 10:35 AM to 11:35 AM [1]