China to issue 500 bln yuan in special treasury bonds to support bank capital replenishment

Reuters2025-03-31
China to issue 500 bln yuan in special treasury bonds to support bank capital replenishment

BEIJING, March 31 (Reuters) - China's finance ministry on Monday announced it would issue 500 billion yuan ($68.84 billion) in special treasury bonds in 2025 to support bank capital replenishment.

This first batch of special treasury bonds will support Bank of China, China Construction Bank, Bank of Communications and China Postal Savings Bank, the statement added.

"At present, the large state-owned commercial banks are operating steadily, with stable asset quality, adequate provision and major regulatory indicators are all in a 'healthy range,'" the statement added.

($1 = 7.2628 Chinese yuan renminbi)

(Reporting by Joe Cash; Editing by Kim COghill)

((Joe.Cash@thomsonreuters.com;))

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