BUSINESS China's bond market issuances hit 4.4 tln yuan

BUSINESS

China's bond market issuances hit 4.4 tln yuan

Xinhua

09:14, June 28, 2021

File photo: VCG

Bond issuances in China totaled 4.4 trillion yuan (about 679.6 billion U.S. dollars) in May, data from the central bank shows.

Treasury bond issuances amounted to 375.76 billion yuan, while local government bond issuances stood at 875.34 billion yuan, according to the People's Bank of China.

In May, issuances of financial bonds came in at 610.59 billion yuan, while corporate credit bond issuances totaled 578.04 billion yuan.

Issuances of credit-asset-backed securities stood at 95.83 billion yuan, and issuances of interbank deposit certificates hit 1.8 trillion yuan.

By the end of May, outstanding bonds held in custody were at 122.2 trillion yuan, central bank data shows.

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