【Financial Str. Release】New bond issues at RMB4.43 trln on China's bond market in Feb.

Photo taken on March 24, 2011 shows the office building of the People's Bank of China (PBOC) in Beijing, capital of China. (Xinhua/Wang Zhen)

BEIJING, March 25 (Xinhua) -- New bond issues on China's bond market stood at 4.43 trillion yuan in February, reported Xinhua Finance citing statistics released by Chinese central bank, the People's Bank of China (PBOC) on Wednesday.

In February, the monthly aggregate of new bond issues included 480 billion yuan of T-bond issues, 507.10 billion yuan of local government bond issues, 724.05 billion yuan of financial bond issues, 751.84 billion yuan of corporate bonds, 4.50 billion yuan of credit asset-backed securities (ABS), and 1.94 trillion yuan of interbank negotiable certificates of deposit (CDs).

By the end of February, total bond balances on China's bond market mounted up to 136.3 trillion yuan, including 22.4 trillion yuan of T-bonds, 31.3 trillion yuan of local government bonds, 31.9 trillion yuan of financial bonds, 31.6 trillion yuan of corporate debentures, 2.6 trillion yuan of credit ABS, and 14.5 trillion yuan of interbank negotiable CDs. 

For cash bond trading, transaction activity improved both on the interbank and exchange markets.

On the interbank bond market, cash bond turnover reached 17.3 trillion yuan in February, averaging 1.08 trillion per day, up 69.0 percent year on year and 8.8 percent on month from January this year.

On the exchange bond market, monthly cash bond turnover totaled 2.1 trillion yuan, with daily average at 128.19 billion yuan, up 54.3 percent year on year and 4.4 percent month on month.

Foreign investors held by the end of February 4.1 trillion yuan of bonds on China's bond market and the figure took up 3.0 percent of the total outstanding bonds on the bond market in the country.

By markets, their bond holdings on interbank bond market grossed 4.0 trillion yuan and by bond types, their holdings of T-bonds and financial bonds were 2.5 trillion yuan and 1.1 trillion yuan, accounting for 62.3 percent and 26.4 percent of their aggregate holdings on China's bond market by the end of February. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)