Group 1 - The Ministry of Finance announced the issuance of the third and fourth phases of savings bonds from June 10 to June 19, 2025, with a reduction in coupon rates by 30 basis points compared to the previous issuance [1][2] - The coupon rates for the new bonds are set at 1.63% for the 3-year bond and 1.7% for the 5-year bond, with a maximum issuance amount of 25 billion yuan for each bond [2][3] - The expected cumulative returns for investors purchasing 100,000 yuan of the 3-year and 5-year bonds are 4,890 yuan and 8,500 yuan, respectively [2] Group 2 - Despite the reduction in coupon rates, savings bonds still offer advantages over bank deposit rates, which are currently lower than the bond rates [3] - The highest annual interest rates for 3-year and 5-year fixed bank deposits are 1.55% and 1.30%, respectively, making savings bonds more attractive for conservative investors [3] - The new bonds are electronic savings bonds, available for purchase through mobile banking, online banking, and bank counters, with annual interest payments and the option for early redemption [3]

Group 1 - The Ministry of Finance announced the issuance of the third and fourth phases of electronic savings bonds from June 10 to June 19, 2025, with a reduction in coupon rates by 30 basis points compared to the previous issuance, marking the first rate cut of the year [1] - The third phase bond has a term of 3 years with a coupon rate of 1.63% and a maximum issuance amount of 25 billion yuan, while the fourth phase bond has a term of 5 years with a coupon rate of 1.7% and the same maximum issuance amount [1] - Analysts expect that, given the continued loose monetary policy and declining interest rates, there may be further reductions in savings bond rates in the future [1] Group 2 - The third and fourth phases of the bonds will be available for purchase starting June 10 at 8:30 AM, and they can be bought through mobile banking, online banking, and bank counters [2] - The bonds will pay interest annually and return the principal along with the last year's interest at maturity, with the option for early redemption after the issuance period based on actual holding days and corresponding interest rates [2]

Group 1 - The Ministry of Finance has decided to issue the third and fourth phases of savings bonds for 2025, with fixed rates and fixed terms [1] - The third phase has a term of 3 years with a coupon rate of 1.63% and a maximum issuance amount of 25 billion [1] - The fourth phase has a term of 5 years with a coupon rate of 1.7% and a maximum issuance amount of 25 billion [1] Group 2 - The issuance period for both bonds is from June 10 to June 19, 2025, with interest starting from June 10, 2025, and paid annually [1] - The principal for the third phase will be repaid on June 10, 2028, while the fourth phase will be repaid on June 10, 2030, along with the final interest payment [1]