China News Service, December 16th. According to news from the official website of the Ministry of Finance on December 16th, the General Office of the Ministry of Finance recently issued a notice on matters related to the issuance of book-entry interest-bearing (twenty-eight) treasury bonds in 2022.
Screenshot from Ministry of Finance website
The notice stated that in order to raise financial funds and support the development of the national economy and social undertakings, the Ministry of Finance has decided to issue 2022 book-entry interest-bearing (twenty-eight) treasury bonds (two-year).
The current treasury bond is a 2-year fixed-rate interest-bearing bond, with a total face value of 60 billion yuan in competitive bidding, and additional bidding by Class A members.
According to the date arrangement, bidding will be held on December 23, 2022; interest calculation will start on December 25; distribution will start from the end of the bidding until December 26; listing and trading will start on December 28.
The interest on the current treasury bonds is paid annually, and the interest is paid on December 25 each year (holidays are postponed, the same below). The principal will be repaid and the last interest will be paid on December 25, 2024.
(China New Finance and Economics)