Core Viewpoint - The issuance of 1 trillion yuan in ultra-long-term special government bonds in 2024 is significant for funding major projects, stabilizing economic growth expectations, and enhancing market confidence [1][2][3]. Group 1: Issuance Details - The third issuance of the 2024 ultra-long-term special government bonds was completed on November 15, with a face value of 50 billion yuan and an annual yield of 2.27% [1]. - A total of 22 issuances of ultra-long-term special government bonds occurred this year, with 3,000 billion yuan for 20-year bonds, 6,000 billion yuan for 30-year bonds, and 1,000 billion yuan for 50-year bonds [2]. Group 2: Economic Impact - The issuance of these bonds is aimed at supporting national strategic implementations and key areas such as infrastructure and technological innovation, effectively driving domestic demand and promoting high-quality development [3][5]. - The bonds help optimize the debt structure, enhance the central government's leverage, and reduce local government debt risks, thereby alleviating the investment burden on local governments [2][3]. Group 3: Future Plans - The government plans to continue issuing ultra-long-term special government bonds in 2025 to support major national strategies and enhance competitiveness and security [5]. - The ongoing issuance is expected to further stabilize economic growth and bolster international market confidence in the Chinese economy [5].
今年1万亿元超长期特别国债发行完毕
Zheng Quan Ri Bao·2025-08-08 07:28