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 2024, aimed at supporting major national strategies and key areas of security and equipment renewal [1][3]. 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 this year, leaving 70 billion yuan yet to be issued [2]. - The final bond issuance on October 14 will consist of 400 billion yuan in 20-year bonds, following a 300 billion yuan issuance of 50-year bonds on October 10 [2]. Group 2: Fund Utilization - The 1.3 trillion yuan from ultra-long-term special government bonds is allocated as follows: 300 billion yuan for consumer goods replacement, 200 billion yuan for equipment renewal, and 800 billion yuan for "two major" construction projects [3]. - The State Development and Reform Commission has allocated the fourth batch of 690 billion yuan for consumer goods replacement, completing the annual allocation of 300 billion yuan for this purpose [3]. - From January to August, 330 million people have claimed subsidies for consumer goods replacement, resulting in over 2 trillion yuan in related sales [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 14:09