China’s bond market sees 4.3-trillion-yuan issuances in January

The total bond issuances in China amounted to 4.3 trillion yuan (about 664.5 billion U.S. dollars) in January, data from the central bank showed.

Treasury bond issuances came in at 574 billion yuan, while local government bond issuances stood at 362.34 billion yuan, according to the People’s Bank of China.

Last month, financial bond issuances stood at 947.2 billion yuan, and corporate bond issuances came in at 1.2 trillion yuan. Asset-backed securities issuances amounted to 119.38 billion yuan, and that of interbank deposit certificates reached 1.1 trillion yuan.

By the end of January, outstanding bonds held in custody hit 117.8 trillion yuan, the data showed.