The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.
Click on the button below to create your account and get immediate access to thousands of articles.
China issues 4.4 trln yuan of bonds in August
September 19, 2018
Abstract : The value of bonds issued in China last month totaled 4.4 trillion yuan (about 641 billion U.S. dollars), according to data from the central bank.
BEIJING, Sept. 18 (Xinhua) -- The value of bonds issued in China last month totaled 4.4 trillion yuan (about 641 billion U.S. dollars), according to data from the central bank.
Treasury bond issuance stood at 369.5 billion yuan, while local government bond issuance was worth 883 billion yuan, according to the People's Bank of China.
By the end of August, the size of outstanding bond market debt was 81.9 trillion yuan.
A number of regulations were introduced last year to rein in financial risks as local government debt and corporate leverage increased.
The central bank has pledged more efforts to improve the disposal of bond defaults, and unify rules on approval and information disclosure of corporate credit bond issuance.
Last year, China issued bonds worth 40.8 trillion yuan, up 12.9 percent from the previous year. Enditem
Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.
Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.