China's Ministry of Finance plans to issue a 182-day 2026 book-entry discount
bond (64th issue) via competitive auction, offering 55 bln yuan nominal in
competitive tenders and permitting additional bids from Class A members. The
issue price will be set by the auction and sold at a discount to par. Accrual
begins 21 Oct 2026; principal repaid at par on 21 Apr 2027.