人民币，大消息！财政部宣布

Core Viewpoint - The Ministry of Finance will issue 7 billion RMB bonds in Hong Kong on December 10, 2025, marking the final issuance of the year [2]. Group 1: Issuance Details - The Ministry of Finance has successfully issued a total of 61 billion RMB in bonds in Hong Kong this year [3]. - A total of 68 billion RMB in bonds will be issued in six phases in Hong Kong in 2025, with the first five phases already completed [4]. - The first phase of issuance occurred on February 19, 2025, with a scale of 12.5 billion RMB and a subscription multiple of 2.86, indicating strong investor interest [4]. Group 2: Interest Rates and Subscription Rates - The interest rates for various maturities in the first issuance were 1.75% for 2 years, 1.80% for 3 years, 1.88% for 5 years, 2.08% for 10 years, and 2.37% for 30 years [5]. - The second issuance on April 23, 2025, had a subscription multiple of 3.07, with interest rates of 1.64% for 2 years and 1.70% for 5 years [5]. - The third and fourth issuances in June and August had subscription multiples of 3.96 and 3.35, respectively, both with a scale of 12.5 billion RMB [5]. Group 3: Market Reception - The issuance of RMB bonds in Hong Kong has been highly successful, with all phases receiving enthusiastic participation from investors, reflecting strong international recognition of RMB bonds [5].