BEIJING, June 3 (Xinhua) -- China's bond market embraced 6.89991 trillion yuan of bond issues in April, reported Xinhua Finance citing data released by the People's Bank of China, the Chinese central bank on May 31.
By products, 1.08496 trillion yuan of Treasury bonds (T-bonds), 343.91 billion yuan of local government bonds, 1.08135 trillion yuan of financial bonds, 1.47005 trillion yuan of corporate bonds, 25.21 billion yuan of credit asset-backed securities, and 2.85622 trillion yuan of interbank certificates of deposit (CDs) were issued in April.
By the end of April, gross outstanding bonds in China reached 161.4 trillion yuan, with 140.6 trillion yuan of bonds under custody on the interbank bond market and 20.8 trillion yuan of bonds under custody on the exchange bond market.
Regardless of other types of investors, overseas institutions held 4.09 trillion yuan of bonds by the end of April, taking up about 2.5 percent of the total outstanding bonds on China's bond market. On the interbank bond market, their bond holdings stood at 4.05 trillion yuan by the end of April and were comprised mainly of T-bonds and policy bank bonds.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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