Youdaoplaceholder0 Application for ultra-Long-Term Special Treasury Bonds refers to the process by which enterprises or local governments apply to the state for the use of funds from ultra-long-term special Treasury bonds, which are mainly used to support the implementation of major national strategies and the building of security capabilities in key areas. Ultra Long-term special Treasury bonds have maturities of more than 10 years, up to 50 years, are characterized by long duration, specific purpose and high credit, and are a key channel for companies to obtain long-term low-cost funds .
Declaration conditions
Youdaoplaceholder0 Enterprise qualifications : The enterprise should have a high credit rating. Central enterprises and local state-owned enterprises should have a credit rating of AA+ or above. Private enterprises should provide bank credit enhancement or policy-based guarantee.
Youdaoplaceholder0 Local government qualifications : Applications are limited to provincial or sub-provincial cities, with a debt ratio of less than 120% (based on the verification data of the Ministry of Finance in 2024) .
Youdaoplaceholder0 Project planning compliance : The project must be included in major national or provincial plans, such as the 14th Five-Year Plan, special plans of The State Council, etc. Youdaoplaceholder2.
Youdaoplaceholder0 Mature preparatory work : New projects must be ready to commence by the end of 2025, including feasibility studies, land planning, environmental assessment, etc. Youdaoplaceholder2.
Use of funds
The funds of ultra-long-term special Treasury bonds are mainly used in the following fields:
Youdaoplaceholder0 Science and Technology innovation : Support the research and development of key core technologies, the construction of science and technology infrastructure and the cultivation of talents .
Youdaoplaceholder0 Urban-rural integration : Promoting the urbanization of rural migrant population, the construction of high-standard farmland, the renovation of underground pipe networks, etc. Youdaoplaceholder2.
Youdaoplaceholder0 Urban renewal : Renovation of old residential areas, upgrading of gas and drainage networks, urban waterlogging control, etc. Youdaoplaceholder2.
Youdaoplaceholder0 Ecological security : Natural disaster prevention facilities, ecological protection infrastructure, green, low-carbon and circular projects .
Youdaoplaceholder0 "Two new" work : Trade-in of consumer goods (special allocation of 300 billion yuan), renewal of old equipment and green and intelligent transformation .
Application process and approval time
Youdaoplaceholder0 Project planning : The enterprise needs to ensure that the project is included in the national or provincial major planning.
Youdaoplaceholder0 Preliminary work : Complete preliminary work such as feasibility study, land planning, environmental assessment, etc.
Youdaoplaceholder0 Declaration SUBMISSION : Submit declaration materials to the national or local development and reform department.
Youdaoplaceholder0 Approval process : The National Development and Reform Commission reviews the submitted projects. Those that meet the requirements will be included in the Treasury bond support project database.
Youdaoplaceholder0 Disbursement of funds : Once the project is approved, the national debt funds will be disbursed to the project implementing unit as planned.
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