Second Batch of Special Bonds for Growth Stabilization and Investment Expansion Issued, Totaling 39.5 Billion Yuan

Published: Jun 10, 2025 17:01

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[Second Batch of Special Bonds for Stabilizing Growth and Expanding Investment Successfully Issued, with a Total Scale of 39.5 Billion Yuan] China Reform Holdings Corporation Ltd. and China Chengtong Holdings Group Ltd., two state-owned capital operation companies, successfully issued 39.5 billion yuan of special bonds for stabilizing growth and expanding investment in the interbank market on the 9th, further supporting central state-owned enterprises in strengthening their investments in the "implementation of major national strategies and the development of security capabilities in key areas" and the "program of large-scale equipment upgrades and consumer goods trade-ins," and continuing to make efforts in areas such as major equipment upgrades and technological transformations, major scientific and technological innovations, and major strategic emerging industries. This is the second batch of special bonds successfully issued by the two central state-owned enterprises since they were approved to issue special bonds with a total scale of 500 billion yuan last year. This batch of special bonds was issued by China Reform Holdings Corporation Ltd. for 23 billion yuan and China Chengtong Holdings Group Ltd. for 16.5 billion yuan, both with a term of 10 years and a final coupon rate of 2.09%.

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