App

China's bond issuance increases in August
Updated: September 22, 2019 07:12 Xinhua

BEIJING — The value of bonds issued in China last month totaled 4.4 trillion yuan ($622.3 billion), up from 3.5 trillion yuan in July, official data showed.

Treasury bond issuance stood at 424.4 billion yuan, while local government bond issuance was 569.5 billion yuan, according to the People's Bank of China (PBOC).

Financial bonds issued last month were valued at 605.5 billion yuan, and corporate debenture issuance was 896.6 billion yuan.

By the end of August, total bonds outstanding reached 95.1 trillion yuan.

China has the world's third-largest bond market, which is growing rapidly and opening wider to overseas investors.

Last year, China issued bonds worth 40.8 trillion yuan, up 12.9 percent from the previous year, according to PBOC data.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218