This year's first batch of savings government bonds are in high demand.

March 10, this year’s first batch of savings government bonds (certificate-based) began being sold to individual investors through China’s Industrial and Commercial Bank of China, the Agricultural Bank of China, the China Construction Bank, and others. Reporters learned from multiple bank branches that the subscriptions for the first batch of savings government bonds were extremely popular, with the quota essentially sold out within a few hours after sales began.

“This year’s first batch of savings government bonds has been intensely hotly bid for, which mainly reflects a strengthening trend in residents’ willingness to lock in long-term returns.” Song Xiangqing, vice chairman of the China Society for Business Economics, said in an interview with reporters.

Specifically, the 2026 first issue and second issue of savings government bonds being issued this time are both certificate-based government bonds. They can be purchased starting from 100 yuan, with the issuance period from March 10 to March 19. Both are fixed-rate, fixed-term products: the first issue has a 3-year term, with a coupon annual interest rate of 1.63%, and a maximum issuance amount of 15 billion yuan; the second issue has a 5-year term, with a coupon annual interest rate of 1.7%, and a maximum issuance amount of 15 billion yuan. (Securities Daily)