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Impact of ultra-long bond issuance on China's GDP growth in 2024
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Resolution / Starting Odds
Increase • 33%
Decrease • 33%
No Change • 34%
Economic reports from China's National Bureau of Statistics
Story
China to Issue $138 Billion in Ultra-Long Bonds to Boost Economy
May 13, 2024, 02:42 AM
China's Finance Ministry announced plans to issue 1 trillion yuan ($138 billion) of ultra-long special central government bonds. The issuance, scheduled to start on May 17, 2024, includes 300 billion yuan in 20-year bonds, 600 billion yuan in 30-year notes, and 100 billion yuan in 50-year tenors. This strategic fiscal move aims to support the world's second-largest economy, with the complete issuance expected by the end of November 2024. This marks the fourth sale of such bonds in the past 26 years.
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Increase in rates • 33%
Decrease in rates • 33%
No change in rates • 33%
Significantly positive • 34%
Neutral • 33%
Negatively impactful • 33%
Increase in GDP growth • 33%
Decrease in GDP growth • 33%
No significant change in GDP growth • 34%
Increase • 50%
Decrease • 50%