Report Summary Investment Rating There is no information about the industry investment rating in the provided content. Core Viewpoint The report tracks the issuance of government bonds in the 27th week of 2025, presenting the issuance progress and scale changes of various types of bonds. Key Points by Bond Type New Special Bonds - As of July 6, the issuance progress of new special bonds is 49.2% [2] - As of July 6, the cumulative issuance of new special bonds in July is 2.9 billion [3] - This week, the issuance of new special bonds is 5.08 billion, a decrease of 37.15 billion from the previous week [20] New General Bonds - As of July 6, the issuance progress of new general bonds is 56.5% [6] - As of July 6, the cumulative issuance of new general bonds in July is 0 [3] - This week, the issuance of new general bonds is 660 million, a decrease of 5.06 billion from the previous week [4] Local Bonds - This week, the net financing scale of local bonds is 2.17 billion, a decrease of 53.87 billion from the previous week [8] - As of July 6, the issuance progress of new local bonds is 50.3% [8] Treasury Bonds - This week, the net financing scale of treasury bonds is 19.99 billion, an increase of 8.89 billion from the previous week [12] - As of July 6, the net financing progress of treasury bonds is 53.3% [14] Government Bonds - This week, the net financing of government bonds is 22.16 billion, a decrease of 44.98 billion from the previous week [16] - As of July 6, the progress of treasury bond net financing + new local bond issuance is 52.0% [16]