China's Ministry of Finance to Issue Two Tranches of Savings Bonds; 3-Year Tranche at 1.63%, 5-Year at 1.7%

According to Jin10, on July 9, China's Ministry of Finance announced it will issue two tranches of electronic savings bonds in 2026. The fifth tranche has a 3-year maturity with a fixed annual interest rate of 1.63% and a maximum issuance of 27 billion yuan; the sixth tranche has a 5-year maturity with a fixed annual interest rate of 1.7% and a maximum issuance of 33 billion yuan. Both tranches will be available for subscription from July 10–19, with interest accrual starting July 10 and paid annually. Principal repayment is scheduled for July 10, 2029 and July 10, 2031 respectively.
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