Recently, the official website of the Ministry of Finance announced that the special national debt of 2022 will be issued through bidding on December 12. In this regard, the relevant person in charge of the Ministry of Finance said in an interview that in 2022, the special treasury bonds will be issued in a market-oriented manner. In strict accordance with relevant laws and regulations, the special treasury bonds will be issued to relevant banks in the national inter-bank bond market. The issuance process does not involve social investors, and individuals cannot buy them. The special national debt in 2022 is a rolling issue of the same amount of special national debt in 2007, which still corresponds to the original assets and liabilities and will not increase the fiscal deficit. The above-mentioned person in charge of the Ministry of Finance said that in 2007, with the consent of the State Council and the approval of the Standing Committee of the National People's Congress, the Ministry of Finance issued 1550 billion yuan of special treasury bonds as a source of capital for China Investment Corporation. The term is mainly 10 years and 15 years, and will expire in succession from 2017. For the principal of 2007 special national debt due in 2017, the Ministry of Finance will issue 2017 special national debt to relevant banks for repayment. In December 2022, 750 billion yuan of special treasury bonds will expire in 2007. With the approval of the State Council, the Ministry of Finance will continue the practice of 2017 and continue to issue 750 billion yuan of special treasury bonds in 2022 to relevant banks in a rolling manner. The funds raised will be used to repay the principal due for the special treasury bonds in 2007 of the current month. According to the announcement of the Ministry of Finance, this treasury bond is a three-year fixed rate coupon bearing bond with a face value of 750 billion yuan, which can be listed for trading. The issuing date and value date of the current treasury bond are December 12, 2022. (Liu Xinshe)