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财政部:决定开展8月份国债做市支持操作
Sou Hu Cai Jing·2025-08-18 04:38

Group 1 - The Ministry of Finance has announced operations to support the market-making of government bonds, aimed at enhancing liquidity in the secondary market and establishing a yield curve that reflects market supply and demand [1] - The operations will involve two types of government bonds: the 2025 10th issue and the 2025 12th issue, with operation amounts of 2.7 billion yuan and 2.8 billion yuan respectively [1] - The competitive bidding for the bonds will take place on August 19, 2025, with specific times allocated for each bond type [1] Group 2 - The bidding limits for the bonds have been set, with a price fluctuation range of 0.03 yuan for both bond types, and maximum bid prices of 40 yuan for the 10th issue and 35 yuan for the 12th issue [2] - The bonds will be listed for trading starting August 22, 2025, and participating institutions must deposit the operation funds into the designated account by August 20, 2025 [3] - Other operational matters will follow the guidelines set forth in previous notifications from the Ministry of Finance and the People's Bank of China [3]