Chinanews.com, April 6th. According to the website of the Ministry of Finance, the Ministry of Finance recently issued a notice deciding to issue the first tranche of 2021 savings treasury bonds (electronic) (abbreviation for treasury bonds: 21 savings 01, treasury bond code: 211701, hereinafter referred to as No. The first tranche) and the second 2021 savings treasury bond (electronic) (abbreviation of the national debt: 21 savings 02, national debt code: 211702, hereinafter referred to as the second tranche).
Both treasury bonds are fixed interest rate and fixed term varieties, with a maximum total issuance of 40 billion yuan.
The period of the first phase is 3 years, the annual coupon rate is 3.8%, and the maximum issuance amount is 20 billion yuan; the period of the second phase is 5 years, the annual coupon rate is 3.97%, and the maximum issuance amount is 20 billion yuan.
The issuance period of the two treasury bonds is from April 10, 2021 to April 19, with interest starting from April 10, 2021. Interest is paid annually, and interest is paid on April 10 each year.
The first and second installments will repay the principal and pay the last interest on April 10, 2024 and April 10, 2026, respectively.
The issuance of the two treasury bonds will be cancelled if the People’s Bank of China adjusts the benchmark interest rate for deposits of three-year financial institutions from the date of the announcement of the two treasury bonds to the day before the issuance start date.
During the issuance period, if the People's Bank of China adjusts the benchmark interest rate for deposits of three-year financial institutions, the issuance of the two-phase treasury bonds will cease from the date of interest rate adjustment, and the unsold issuance quota will be cancelled by the Ministry of Finance.