China's bond market issuances hit $1.07 trillion in September

BEIJING, 4th November, 2024 (WAM) -- Bond issuances in China hit 7.6 trillion yuan (about US$1.07 trillion) in September this year, data from the country's central bank showed.

Xinhua quoted the People's Bank of China as saying that issuances of treasury bonds came in at 1.36 trillion yuan, while local government bond issuances amounted to 1.28 trillion yuan.

Financial bond issuances stood at 764 billion yuan, and corporate credit bond issuances reached 1.19 trillion yuan.

Outstanding bonds held in custody came in at 169.9 trillion yuan at the end of September.