中国财政部发行50年期债券，规模350亿元，发行利率2.0187%，预期2.0100%，投标倍数5.42倍，边际 倍数16.47倍。 中国财政部发行2年期债券，规模1450亿元，发行利率1.3844%，边际利率1.4172%，预期1.4000%，投 标倍数3.26倍，边际倍数61.36倍； ...

Core Viewpoint - German financial institutions have not yet made a final decision regarding the issuance of 50-year bonds, indicating the need for further analysis and market research [1] Group 1 - The institutions are currently assessing the implications and potential demand for long-term debt instruments [1] - Further market research is deemed necessary to understand investor appetite and market conditions for such bonds [1]

Core Viewpoint - German financial institutions do not plan to issue 50-year bonds this year but are prepared for internal conditions to do so in the future [1] Group 1 - The decision not to issue 50-year bonds reflects current market conditions and strategic planning [1] - Financial institutions are assessing their internal readiness for potential future issuance of long-term bonds [1]

中国财政部发行10年期债券，规模1700亿元，发行利率1.6700%，边际利率1.6900%，预期1.6900%，投 标倍数4.22倍，边际倍数4.92倍； 中国财政部发行50年期债券，规模500亿元，发行利率2.1000%，预期2.0200%，投标倍数2.27倍，边际 倍数2.40倍。 ...