Group 1 - The Ministry of Finance of China has issued multiple government bonds after the Spring Festival, including a 3-year bond with a planned issuance of 130 billion yuan at a coupon rate of 1.32% [1] - A 10-year bond was also issued with a planned issuance of 135 billion yuan at a coupon rate of 1.75%, with interest paid semi-annually [1] - The first re-issuance of a 5-year bond was planned for 120 billion yuan, with a re-issuance price of 100.38 yuan, equivalent to an annual yield of 1.49% [1] Group 2 - A 91-day discount bond was planned for issuance at 40 billion yuan, with an annual yield of 1.21%, starting to accrue interest on February 26 [2] - The discount bond will be repaid at face value on May 28, 2026 [2]

Group 1 - The China Financial Futures Exchange announced the issuance of the 2026 book-entry interest-bearing (three-phase) government bonds [1] - The bonds meet the deliverable conditions for contracts TF2603, TF2606, and TF2609, with conversion factors of 0.9352, 0.9383, and 0.9414 respectively [1] - The bonds will be included in the deliverable government bonds range for TF2603, TF2606, and TF2609 starting from the next trading day after the listing [1]