BEIJING, April 28 (Xinhua) -- China's bond market saw in total 7.15829 trillion yuan (about 1 trillion U.S. dollars) of bonds issued in March, reported Xinhua Finance citing data released by the People's Bank of China (PBOC), the central bank on April 25.
The monthly aggregate comprised of 920 billion yuan of T-bonds, 629.45 billion yuan of local government bonds, 956.30 billion yuan of financial bonds, 1.65862 trillion yuan of corporate bonds, 32.75 billion yuan of credit asset-backed securities, and 2.91197 trillion yuan of interbank certificates of deposit (CDs), etc.
By the end of March, the total outstanding bonds in China were 160.8 trillion yuan, including 139.9 trillion yuan of bonds under custody on the interbank bond market and 21.0 trillion yuan of bonds under custody on the exchange bond market.
Among them, 4.05 trillion yuan of bonds were held by overseas institutional investors and their holdings accounted for about 2.5 percent of the total outstanding bonds in China by the end of last month.
Overseas institutional investors had 4.00 trillion yuan of bonds under custody on the interbank bond market, including 2.24 trillion yuan of T-bonds and 0.84 trillion yuan of policy bank bonds.
Overall cash bond trading on interbank bond market became more active in March. Monthly cash bond turnover rose to 39.1 trillion yuan, with the daily average at 1.85986 trillion yuan, up 50.3 percent year on year and 22.4 percent month on month in March.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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