T-bonds worth 1.3t yuan to be issued

China will issue 1.3 trillion yuan of ultra - long - term special treasury bonds from April 24 to Oct 10. The issuance is larger and faster than last year. Analysts believe it's a front - loaded fiscal stimulus due to US tariffs. The bonds will boost investment and consumption. This year's plan has better fund allocation, earmarking for key projects and consumption. Estimates suggest it could lift GDP growth, and more monetary easing may be needed. There may be more government spending in the second half.