BEIJING, Jan. 28(Xinhua) -- China's bond market saw around 61.9 trillion yuan of bond issues in 2022, with high-level opening-up in steady progress and investor structure further diversified, reported Xinhua Finance recently.
According to data released by the Chinese central bank on January 20, 56.0 trillion yuan of bonds were issued on China's interbank bond market in 2022, up 5.4 percent year on year while annual bond issues on the exchange bond markets grossed 5.8 trillion yuan.
In 2022, annual issues of Treasury bonds (T-bonds), local government bonds, financial bonds, corporate bonds, credit asset-backed securities and interbank certificates of deposit (CDs) stood respectively at 9.6 trillion yuan, 7.4 trillion yuan, 9.8 trillion yuan, 13.8 trillion yuan, 334.54 billion yuan and 20.5 trillion yuan.
By the end of 2022, outstanding bonds on China's bond market reached 144.8 trillion yuan, an increase of 11.3 trillion yuan year on year. On the interbank bond market, balances of bonds under custody were 125.3 trillion yuan.
Compared with the year of 2021, China's bond market opening-up continued to advance at a steady and orderly pace.
Overseas institutional investors held in total 3.5 trillion yuan of bonds on China's bond market by the end of 2022 and their bond holdings accounted for 2.4 percent of the total outstanding bonds in China.
By markets, they owned 3.4 trillion yuan of bonds on the interbank bond market by the end of 2022, including 2.3 trillion yuan of T-bond holdings and 0.7 trillion yuan of policy bank bonds.
In 2022, the number of investors on China's bond market increased further, with the institutional holders of debt financing instruments of non-financial enterprises in China amounted up to 2,172 ones. By value of holdings, the top 50 investors composed mainly of publicly-offered funds, state-owned large commercial banks, and securities brokers possessed 51.9 percent of the total outstanding debt financing instruments of non-financial enterprises by the end of 2022. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)