BEIJING, Feb. 21 (Xinhua) -- China's primary bond market saw a total of 2.9 trillion yuan of bond issues in January, according to a monthly financial market report released by the People's Bank of China (PBOC) Thursday.
Data shows that last month, 170 billion yuan of Treasury bonds, 785.06 billion yuan of municipal bonds, 456.56 billion yuan of financial bonds, 826.74 billion yuan of corporate bonds, 57.33 billion yuan of asset-backed securities (ABS) and 0.6 trillion yuan of interbank certificates of deposit (CD) were issued in China.
By the end of January, 100.4 trillion yuan of outstanding bonds were under custody on China’s bond market, including 16.1 trillion yuan of T-bonds, 21.9 trillion yuan of municipal bonds, 23.5 trillion yuan of financial bonds, 22.2 trillion yuan of corporate bonds, 3.9 trillion yuan of ABS and 10.7 trillion yuan of interbank CDs.
Compared with January 2019, cash bond turnover on China’s interbank and bourse-based bond markets continued to activate last month.
On the interbank market, cash bond turnover was 14.6 trillion yuan in January, with daily average of 857.16 billion yuan, up 26.18 percent year on year and 8.83 percent month on month.
On the bourse-based bond market, cash bond turnover reached 657.20 billion yuan, averaging 41.07 billion yuan for each trading day, up 29.25 percent over the same period of 2019 and 3.63 percent from December 2019. (Edited by Duan Jing, duanjing@xinhua.org)
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