Group 1 - The core point of the article is the completion of the bidding process for the 2025 book-entry discount treasury bond, which has a planned issuance of 60 billion yuan and an actual issuance of 60 billion yuan [1] - The bond has a term of 182 days, with a determined issuance price of 99.351 yuan, translating to an annual yield of 1.31% [1] - The interest on the bond will start accruing from September 4, 2025, with distribution occurring after the bidding until September 4, and trading commencing on September 8 [1] Group 2 - The bond is issued at a discount below its face value and will be redeemed at face value on March 5, 2026, with adjustments for holidays [1]