Core Viewpoint - The article discusses the recent operations of government bonds, highlighting the issuance details and market performance of specific bond types [1]. Group 1: Bond Operations - The company conducted operations involving the issuance of 5-year and 10-year government bonds, with an operation amount of 2.4 billion yuan for each bond type [1]. - The 5-year bond (2025年记账式附息国债) was issued at a bid price of 99.62 yuan, resulting in a yield of 1.52% [1]. - The 10-year bond (2025年记账式附息国债) was issued at a bid price of 100.04 yuan, yielding 1.67% [1].

Core Points - The third re-issuance of the 2025 book-entry interest-bearing government bonds has been completed, with a planned re-issuance of 170 billion yuan and an actual re-issuance of 170.33 billion yuan [1] - The determined re-issuance price is 100.57 yuan, which corresponds to an annual yield of 1.43% [1] - The re-issuance portion will be distributed from the end of the bidding until June 19, and will be merged with the original issuance of 396.51 billion yuan for trading starting June 23 [1]