BEIJING – Total bond issuance in China stood at 5.7 trillion yuan (about $854.5 billion) in September, data from the central bank showed.

The issuance of treasury bonds reached 750.37 billion yuan, while the issuance of local government bonds stood at 720.54 billion yuan, according to the People’s Bank of China.

Last month, financial bond issuance stood at 1 trillion yuan, and corporate bond issuance hit 1.1 trillion yuan. The issuance of asset-backed securities was at 172.47 billion yuan and that of interbank deposit certificates reached 1.8 trillion yuan.

By the end of September, outstanding bonds held in custody hit 113.8 trillion yuan, including 18.6 trillion yuan of treasury bonds and 25.4 trillion yuan of local government bonds.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

China’s soybean imports will keep increasing

With the virus’ impact on trade limited, nation will boost purchases from the US China’s soybean imports will continue to rise in the coming months as the impact of the COVID-19 pandemic on trade is limited, and the purchases of…

Warren Buffett’s Berkshire Hathaway sells most of Goldman Sachs stake

New York (CNN Business)Warren Buffett’s Berkshire Hathaway (BRKA) sold off 84% of its stake in Goldman Sachs (GS) during the first quarter, according to a regulatory filing. The conglomerate slashed its holdings in the investment bank to 1.9 million shares…

German ‘sneeze guards’ in high demand

For almost a century now light, transparent and weather-resistant panels made of plexiglass have been in use virtually around the whole world. But spelling the term with a double “ss” — like in the English-speaking world —  is actually a…

‘We did everything right.’ Small businesses left in limbo waiting for government loans

The federal money for Main Street was supposed to come fast. But most small business owners still haven’t received any aid from the federal government, let alone approvals for it yet — even though many applied at the earliest opportunity.…