1. The one-year and five-year LPRs remain unchanged.
2. Ministry of Finance: In 2026, ultra-long-term special treasury bonds will continue to be allocated for major infrastructure projects and new infrastructure initiatives.
3. Ministry of Finance: The implementation period of the fiscal subsidy policy for personal consumer loans will be extended to the end of 2026; credit card installment payment services will be included in the scope of fiscal subsidy support.
4. Ministry of Finance: The scale of new government debt in 2025 will reach 11.86 trillion yuan, an increase of 2.9 trillion yuan over the previous year.
5. Ministry of Finance: The average interest cost of debt in various regions will decrease by more than 2.5 percentage points in 2025.
6. Ministry of Finance: The risk-sharing mechanism for private enterprise bonds can help more private enterprises broaden their financing channels.
7. National Development and Reform Commission: In 2025, ultra-long-term special treasury bonds will be allocated to support approximately 8,400 projects, boosting overall investment growth by 1.8 percentage points.
8. If the Greenland dispute continues to escalate, EU investors may sell off US Treasury bonds. 9. The Federal Reserve's independence faces challenges; Powell is reportedly going to court to support Cook.
10. Yili Group: Successfully issued 10 billion yuan of its fourth tranche of technology innovation bonds for 2026.
11. The yield on Japan's 40-year government bonds touched 4% for the first time since their issuance in 2007.
12. Market analysis: A weak 20-year Japanese government bond auction triggered further selling of Japanese bonds.
