BEIJING, May 8 (Xinhua) -- China's central bank will continue to support and advance the development and opening-up of China's bond market, said Zheng Wufu, vice president of the People's Bank of China Shanghai Head Office at a seminar held in Shanghai on Tuesday.
According to Zheng, specific measures will involve enriching the bond varieties for trading, raising market liquidity, strengthening infrastructure construction and improving supporting measures for related policies, in a bid to foster China's bond market to better carry out its functions in fields like financing, wealth management and price discovery.
Data showed that as of the end of March this year, China's bond custody had reached 89 trillion yuan. Besides, in the first three months this year, China's bond issuance had exceeded ten trillion yuan, up 15 percent year on year.
Participants of China's bond market keep diversifying, with interbank bond market investors beyond 26,000 and foreign institutional investors exceeding 1,440 from January to March this year.
Meanwhile, during this period, China's cumulative issuance of panda bonds reached 184, with the issuance amount and custody amount registering respectively 337 billion yuan and 280 billion yuan. (Edited by Gu Shanshan)
A single purchase
