China to issue 500-billion-yuan special treasury bonds to support state-owned banks

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Date: 31st Mar, 2025 Source: N/A Country: N/A Original Source

Brief

"On March 31, the Ministry of Finance announced China's plan to issue 500 billion yuan in special treasury bonds. This move aims to support four major state-owned commercial banks - Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China - by replenishing their core tier-one capital."

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China to issue 500-billion-yuan special treasury bonds to support state-owned banks

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