China plans to start selling the first batch of its 1 trillion yuan ($138 billion) of ultra-long special central government bonds on Friday, according to people familiar with the matter, as it seeks to raise funds to support the world’s second-biggest economy. The total issuance will include 300 billion yuan 20-year bonds, 600 billion yuan 30-year notes and 100 billion yuan in 50-year tenor, said the people, who asked not to be identified as the information is private. The bonds will be sold from May through November, they said. The Finance Ministry held a meeting with underwriters on Monday morning to discuss the ... (full story)