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China will issue this year's fourth batch of ultra-long special treasury bonds on July 24, the Ministry of Finance said Wednesday.
7月17日,财政部办公厅表示,中国将于7月24日发行今年的第四批超长期特别国债。
The bonds worth 55 billion yuan ($7.7 billion) will be issued with a term of 30 years and an interest rate depending on competitive bidding.
本期国债竞争性招标面值总额550亿元,不进行甲类成员追加投标。
Ultra-long special treasury bonds typically refer to those with a tenor of more than 10 years.
超长期特别国债通常是指期限在10年以上的国债。
China saw the issuance of such bonds with terms of 20 years, 30 years and 50 years on May 24, May 17 and June 14, respectively. The issuance of the last batch of these bonds will be completed by mid-November.
中国分别于5月24日、5月17日和6月14日发行了期限为20年、30年和50年的国债。最后一批债券的发行将于11月中旬完成。
The bond issuance is an important part of this year's proactive fiscal policies, which will help boost market confidence and expectations, and better support economic development, according to analysts.
分析人士表明,债券发行是今年财政政策的重要组成部分,这将有助于重振市场信心和预估,支持经济发展。
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