BUSINESS China issues bonds worth 3.6 trln yuan in February

BUSINESS

China issues bonds worth 3.6 trln yuan in February

Xinhua

14:23, March 21, 2020

BEIJING, March 21 (Xinhua) -- The value of bonds issued in China last month totaled 3.6 trillion yuan (about 507 billion U.S. dollars), official data showed.

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File photo

The value of treasury bonds stood at 195 billion yuan, while that of local government bonds was 437.9 billion yuan, according to the People's Bank of China.

Financial bonds issued in February were valued at 552.9 billion yuan, and corporate debentures at 725.5 billion yuan.

At the end of last month, total outstanding bonds stood at 101 trillion yuan, showed the data.

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