China releases 300B yuan treasury bonds

The Chinese Ministry of Finance announced the issuance of treasury bonds valued at 300 billion yuan (approximately $44.25 billion) to support eight state-owned financial institutions controlled by the central government. This issuance aims to strengthen the core Tier 1 capital of these institutions, improving their operational capacity and risk resilience, thereby supporting sustainable economic growth in China. Through this measure, the government seeks to enhance the financial institutions' ability to serve the economy and promote financial stability across the country.

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