The current treasury bond is a discounted bond with a maturity of 182 days. The total face value of the current competitive tender for treasury bonds was 60 billion yuan, and additional bids were held for Class A members. The issuance price of the current treasury bond is determined through competitive bidding, and the issue is discounted at a price lower than the face value. Interest on the current treasury bonds will start accruing on July 23, 2026, and will be repaid at face value on January 21, 2027.

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