Yesterday, China"s Ministry of Finance issued its first 50-year ultra-long-term special bond, totalling 35 billion yuan, with a competitive tendered interest rate of 2.53%. The bond is a fixed-rate coupon-bearing debt, maturing in 2074 and paying semi-annual interest. It"s part of the account-based treasury bonds targeted at institutional investors. Distribution will commence after the auction until June 17th, followed by trading from June 19th. Personal investors can purchase through various channels. The bond caters to diverse investment needs, offering stability and liquidity.