A relevant person in charge of the Ministry of Finance said in response to reporters' questions on the issuance of special treasury bonds due to expire in 2025 that will expire on December 12, 2025, the Ministry of Finance will continue the practice of the previous year and continue to adopt a rolling issuance method to issue special treasury bonds renewed in 2025 in equal amounts to relevant banks, and the funds raised will be used to repay the principal amount due in that month. Special treasury bonds of 750 billion yuan due and renewed in 2025 will be issued to relevant banks in the national interbank bond market. The types of maturities include 400 billion yuan for a 10-year term and 350 billion yuan for a 15-year term. The issuance process does not involve social investors, and individual investors cannot buy. Renewed special treasury bonds due in 2025 are rolling issues of the original special treasury bonds in equal amounts. They still correspond to the original assets and liabilities, and do not increase the fiscal deficit.

A relevant person in charge of the Ministry of Finance said in response to reporters' questions on the issuance of special treasury bonds due to expire in 2025 that will expire on December 12, 2025, the Ministry of Finance will continue the practice of the previous year and continue to adopt a rolling issuance method to issue special treasury bonds renewed in 2025 in equal amounts to relevant banks, and the funds raised will be used to repay the principal amount due in that month. Special treasury bonds of 750 billion yuan due and renewed in 2025 will be issued to relevant banks in the national interbank bond market. The types of maturities include 400 billion yuan for a 10-year term and 350 billion yuan for a 15-year term. The issuance process does not involve social investors, and individual investors cannot buy. Renewed special treasury bonds due in 2025 are rolling issues of the original special treasury bonds in equal amounts. They still correspond to the original assets and liabilities, and do not increase the fiscal deficit.