Five-year fixed-rate bond; competitive tender face amount CNY 130 bln; coupon rate to be set by competitive bidding; additional bids allowed from Class A members. Accrues from July 25, 2026; annual coupon paid each July 25 (holidays roll); principal

2026-07-23

Five-year fixed-rate bond; competitive tender face amount CNY 130 bln; coupon rate to be set by competitive bidding; additional bids allowed from Class A members. Accrues from July 25, 2026; annual coupon paid each July 25 (holidays roll); principal and final coupon due July 25, 2031.