China to issue 500-billion-yuan special treasury bonds to support state-owned banks
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China to issue 500-billion-yuan special treasury bonds to support state-owned banks
By Xinhua Published: Mar 31, 2025 08:55 AM
China will issue 500 billion yuan (about 69.7 billion US dollars) of special treasury bonds to support large state-owned commercial banks in replenishing their core tier-one capital, the Ministry of Finance said Monday.
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