China auctions 30 year special bonds at 2.2% yield lowest since late 2025

Investors paid just 2.2% for three decades of debt

China’s finance ministry has sold its first 30-year special government bonds at a 2.20% yield, the lowest since November 2025. The cheaper long-dated borrowing suggests easing inflation worries and stronger investor sentiment. The issuance supports Beijing’s national funding plans while using staggered sales to reduce liquidity shock risk.