---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280250774.md"
description: "China's Ministry of Finance issued RMB 40 billion of 91-day bonds at an issue rate of 1.0375% and a marginal rate of 1.0819%, with a bid-to-cover ratio of 3.05 times; simultaneously issued RMB 175 billion of 7-year bonds at an issue rate of 1.6600% and a marginal rate of 1.6800%, with a bid-to-cover ratio of 3.42 times"
datetime: "2026-03-24T03:40:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280250774.md)
  - [en](https://longbridge.com/en/news/280250774.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280250774.md)
---

# 

China's Ministry of Finance issued 91-day bonds with a scale of RMB 40 billion, an issue rate of 1.0375%, a marginal rate of 1.0819%, an expected rate of 1.0700%, a bid-to-cover ratio of 3.05 times, and a marginal multiple of 1.85 times; China's Ministry of Finance issued 7-year bonds with a scale of RMB 175 billion, an issue rate of 1.6600%, a marginal rate of 1.6800%, an expected rate of 1.6800%, a bid-to-cover ratio of 3.42 times, and a marginal multiple of 1.31 times.

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