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Economy

China's bond market issuances hit 7.16 trln yuan in March

April 29, 2024


Abstract : Bond issuances in China totaled nearly 7.16 trillion yuan (about 1 trillion U.S. dollars) in March this year, data from China's central bank showed.

People walk on an overpass in Lujiazui, a finance zone in Shanghai, east China, Nov. 3, 2023. (Xinhua/Fang Zhe)

BEIJING, April 27 (Xinhua) -- Bond issuances in China totaled nearly 7.16 trillion yuan (about 1 trillion U.S. dollars) in March this year, data from China's central bank showed.

Specifically, issuances of treasury bonds came in at 920 billion yuan, while local government bond issuances amounted to 629.45 billion yuan, according to the People's Bank of China.

Financial bond issuances stood at 956.3 billion yuan, and corporate credit bond issuances reached 1.66 trillion yuan.

Outstanding bonds held in custody were at 160.8 trillion yuan at the end of March.

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Keyword: bond market treasury bond

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