Core Viewpoint - The issuance of ultra-long-term special government bonds in China is set to conclude on October 14, with a total issuance of 1.3 trillion yuan planned for the year, aimed at supporting major national strategies and key areas of development [1][2]. Group 1: Issuance Details - The Ministry of Finance announced the issuance schedule for ultra-long-term special government bonds, with 50-year and 20-year bonds to be issued on October 10 and October 14, respectively [1]. - As of October 9, a total of 1.23 trillion yuan in ultra-long-term special government bonds has been issued, leaving 70 billion yuan yet to be issued [2]. - The final bond issuance on October 14 will consist of a 400 billion yuan 20-year bond, following a 300 billion yuan 50-year bond on October 10 [2]. Group 2: Fund Utilization - The 1.3 trillion yuan raised from ultra-long-term special government bonds will be allocated as follows: 300 billion yuan for consumer product upgrades, 200 billion yuan for equipment updates, and 800 billion yuan for major national projects [3]. - The State Development and Reform Commission has allocated the fourth batch of 690 billion yuan for consumer product upgrades, completing the annual target of 300 billion yuan [3]. - From January to August, 330 million people have claimed subsidies for consumer product upgrades, resulting in over 2 trillion yuan in related sales [3]. Group 3: Future Management - The government plans to enhance the effectiveness of ultra-long-term special government bonds by improving information sharing and project planning to support urgent and long-term development needs [3]. - There will be a focus on evaluating the implementation of policies related to "two new" initiatives and optimizing policy arrangements [3]. - The management of "two heavy" projects will be strengthened throughout their lifecycle, including oversight of fund allocation and post-completion management of operations and returns [3].
财政部官宣,事关1.3万亿元超长期特别国债
Di Yi Cai Jing·2025-10-09 09:33