财政部最新官宣，事关1.3万亿元超长期特别国债

Core Viewpoint - The issuance of ultra-long-term special government bonds in China is set to conclude this year, with a total issuance of 1.3 trillion yuan planned for 2025, aimed at supporting major national strategies and key areas of security and equipment renewal [2][4]. 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 [2]. - As of October 9, a total of 1.23 trillion yuan in ultra-long-term special government bonds has been issued this year, leaving 70 billion yuan yet to be issued [3]. - The final 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 [3]. Group 2: Fund Utilization - The 1.3 trillion yuan from ultra-long-term special government bonds is allocated for various purposes: 300 billion yuan for consumer product upgrades, 200 billion yuan for equipment renewal, and 800 billion yuan for major strategic projects [4]. - The State Development and Reform Commission has allocated the entire 300 billion yuan for consumer product upgrades, with 3.3 billion people applying for subsidies, resulting in over 20 trillion yuan in related sales from January to August [4]. Group 3: Future Management - The State Council's report emphasizes the need to optimize the use of ultra-long-term special government bonds, ensuring effective project planning and management, and enhancing oversight of fund allocation and project lifecycle management [5].