China Launches Massive $138 Billion Bond Sale to Bolster Economy

The bond issuance, aimed at stimulating economic sectors, marks one of the largest in recent history.

China's Ministry of Finance announced the sale of ultra-long treasury bonds totaling 1 trillion yuan.
The bonds, with tenors ranging from 20 to 50 years, are scheduled to begin issuance this week.
Funds raised from the bond sale are designated for major national strategies and security enhancements.
Market response includes a slight decrease in bond yields, indicating anticipation of the new issuance.
This strategic fiscal move comes as China faces a slowdown in credit growth and economic momentum.