Group 1 - The Ministry of Finance of China issued 91-day bonds with a scale of 30 billion yuan and an issuance rate of 1.2231% [1] - The marginal rate for the 91-day bonds was 1.2634%, with an expected rate of 1.2600% and a bid-to-cover ratio of 3.28 times [1] - The Ministry also issued 182-day bonds with a scale of 60 billion yuan and an issuance rate of 1.3243% [1] Group 2 - The marginal rate for the 182-day bonds was 1.3832%, with an expected rate of 1.3300% and a bid-to-cover ratio of 2.30 times [1] - The marginal bid-to-cover ratio for the 182-day bonds was significantly higher at 5.29 times [1]

Group 1 - The Ministry of Finance of China issued 91-day bonds with a scale of 30 billion yuan and an issuance rate of 1.2069% [1] - The marginal rate for the 91-day bonds was 1.2392%, with an expected rate of 1.2200% and a bid-to-cover ratio of 3.44 times [1] - The Ministry also issued 182-day bonds with a scale of 60 billion yuan and an issuance rate of 1.2654% [1] Group 2 - The marginal rate for the 182-day bonds was 1.3223%, with an expected rate of 1.3200% and a bid-to-cover ratio of 2.29 times [1] - The marginal bid-to-cover ratio for the 182-day bonds was 1.67 times [1]

农发行发行91天期债券，规模30亿元，发行利率1.3621%，预期1.3400%，投标倍数2.38倍，边际倍数 5.00倍。 ...

Group 1 - The Ministry of Finance of China issued a 91-day bond with a scale of 30 billion yuan and an issuance rate of 1.2110%, with a marginal rate of 1.2473% and an expected rate of 1.2800%, achieving a bid-to-cover ratio of 3.28 times and a marginal ratio of 1.48 times [1] - A 20-year bond was issued with a scale of 40 billion yuan and an issuance rate of 1.9200%, slightly above the expected rate of 1.9100%, with a bid-to-cover ratio of 4.03 times and a marginal ratio of 2.50 times [1] - The Ministry also issued a 30-year bond with a scale of 83 billion yuan and an issuance rate of 1.9000%, exceeding the expected rate of 1.8800%, with a bid-to-cover ratio of 3.15 times and a marginal ratio of 6.60 times [1]

Group 1 - Agricultural Development Bank issued 91-day bonds with a scale of 3 billion yuan and an issuance rate of 1.3179%, compared to an expected rate of 1.3900%, with a bid-to-cover ratio of 3.00 times and a marginal ratio of 3.33 times [1] - Agricultural Development Bank issued 3-year bonds with a scale of 4 billion yuan and an issuance rate of 1.3295%, compared to an expected rate of 1.5000%, with a bid-to-cover ratio of 2.51 times and a marginal ratio of 1.00 times [1] - Agricultural Development Bank issued another set of 3-year bonds with a scale of 9 billion yuan and an issuance rate of 1.5290%, compared to an expected rate of 1.5000%, with a bid-to-cover ratio of 3.26 times [1]

Group 1 - The Agricultural Development Bank issued a 91-day bond with a scale of 3 billion yuan and an issuance rate of 1.3068%, with a bid multiple of 3.07 times and a marginal multiple of 3.60 times [1] - The Agricultural Development Bank issued a 3-year bond with a scale of 12 billion yuan and an issuance rate of 1.5473%, with a bid multiple of 2.23 times and a marginal multiple of 1.32 times [1] - The Agricultural Development Bank issued a 5-year bond with a scale of 10 billion yuan and an issuance rate of 1.6197%, with a bid multiple of 2.65 times and a marginal multiple of 1.05 times [1]

Group 1 - The Ministry of Finance of China issued 91-day bonds with a scale of 40 billion yuan and an issuance rate of 1.2917% [1] - The marginal rate for the 91-day bonds was 1.3199%, with an expected rate of 1.3500% and a bid-to-cover ratio of 3.85 times [1] - The Ministry also issued 5-year bonds with a scale of 170 billion yuan and an issuance rate of 1.4290% [1] Group 2 - The marginal rate for the 5-year bonds was 1.4652%, with an expected rate of 1.4700% and a bid-to-cover ratio of 3.90 times [1] - The marginal bid-to-cover ratio for the 5-year bonds was significantly higher at 5.84 times [1]

Group 1 - The Ministry of Finance of China issued 91-day bonds with a scale of 40 billion yuan and an issuance rate of 1.3159% [1] - The marginal rate for the 91-day bonds was 1.3522%, with an expected rate of 1.3900% and a bid-to-cover ratio of 3.43 times [1] - The Ministry also issued 182-day bonds with a scale of 55 billion yuan and an issuance rate of 1.3629% [1] Group 2 - The marginal rate for the 182-day bonds was 1.4036%, with an expected rate of 1.4000% and a bid-to-cover ratio of 2.61 times [1] - The marginal bid-to-cover ratio for the 182-day bonds was 1.59 times [1]

Core Points - The Ministry of Finance of China issued 28-day bonds with a scale of 40 billion yuan, an issuance rate of 1.2918%, and a marginal rate of 1.3571%, with expected rates at 1.3900% and a bid-to-cover ratio of 2.96 times, and a marginal bid ratio of 2.09 times [1] - The Ministry of Finance of China issued 63-day bonds with a scale of 40 billion yuan, an issuance rate of 1.3531%, and a marginal rate of 1.4055%, with expected rates at 1.4000% and a bid-to-cover ratio of 2.73 times, and a marginal bid ratio of 494.00 times [1] - The Ministry of Finance of China issued 91-day bonds with a scale of 40 billion yuan, an issuance rate of 1.3603%, and a marginal rate of 1.3926%, with expected rates at 1.4000% and a bid-to-cover ratio of 3.13 times, and a marginal bid ratio of 1.03 times [1]

Group 1 - Agricultural Development Bank issued 91-day bonds with a scale of 3 billion yuan and an issuance rate of 1.3501%, compared to an expected rate of 1.4500%, with a bid-to-cover ratio of 4.23 times and a marginal ratio of 3.23 times [1] - Agricultural Development Bank issued 3-year bonds with a scale of 8 billion yuan and an issuance rate of 1.4097%, compared to an expected rate of 1.5000%, with a bid-to-cover ratio of 2.57 times and a marginal ratio of 1.07 times [1] - Agricultural Development Bank issued another set of 3-year bonds with a scale of 6 billion yuan and an issuance rate of 1.5892%, compared to an expected rate of 1.6000%, with a bid-to-cover ratio of 4.27 times and a marginal ratio of 3.92 times [1] - Agricultural Development Bank issued 5-year bonds with a scale of 9 billion yuan and an issuance rate of 1.6392%, compared to an expected rate of 1.6600%, with a bid-to-cover ratio of 3.75 times and a marginal ratio of 1.95 times [1]