Photo taken on March 13, 2018 shows the headquarters of the People's Bank of China in Beijing, capital of China. (Xinhua/Cai Yang)
BEIJING, March 2 (Xinhua) -- Bond issues on China's bond market totaled 4.51 trillion yuan in January, reported Xinhua Finance citing data released by the People's Bank of China, the Chinese central bank, on Monday.
The figure contains 466 billion yuan of T-bond issues, 698.86 billion yuan of local government bond issues, 797.07 billion yuan of financial bond issues, 1.33 trillion yuan of corporate debenture issues, 25.94 billion yuan of asset-backed securities (ABS) issues, and 1.13 trillion yuan of interbank negotiable certificate of deposit (CD) issues.
By the end of January, total outstanding bonds on China's bond market amounted to 134.8 trillion yuan, including 22.6 trillion yuan of T-bonds, 30.8 trillion yuan of local government bonds, 31.6 trillion yuan of financial bonds, 31.3 trillion yuan of corporate debentures, 2.6 trillion yuan of ABS, and 13.8 trillion yuan of interbank negotiable CDs.
On the interbank bond market, aggregate cash bond turnover in January reached 20.9 trillion yuan, which grew 22.9 percent year on year and 0.9 percent month on month.
On the exchange bond market, monthly cash bond turnover stood at 2.3 trillion yuan, up 18.3 percent year on year but down 4.3 percent month on month.
By the end of January, foreign institutional investors held in total 4.15 trillion yuan of bonds on China's bond market, accounting for 3.1 percent of the total outstanding bonds. Their bond holdings on the interbank bond market were 4.07 trillion yuan, of which 61.9 percent or 2.5 trillion yuan were T-bond holdings and 26.6 percent or 1.1 trillion yuan were policy bank bonds.
Institutional investors on China's interbank bond market numbered 3,799 by the end of January and were all financial institutions. Among them, institutional holders of non-financial corporate debts totaled 2,248 ones. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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