GLGA | DOCVIT First News | China's Treasury Bond Market Issued 3.1 RMB Trillion of Bonds in October

2019-11-18 10:21:17  Source:GLGA   Author:GLGA Research Institute

According to data released by the PBC on the 15th, China's treasury bond market issued RMB 3.1 trillion of various bonds in October, leaving a balance of RMB 96.6 trillion in custody in the bond market. 

According to the operation of the financial market announced by the PBC, in October, China issued RMB 372.2 billion in treasury bonds, RMB 96.46 billion in local government bonds, RMB 418.75 billion in financial bonds, RMB 762.33 billion in corporate credit bonds, RMB 116.14 billion in asset-backed securities and RMB 1.3 trillion in negotiable certificate of deposit. 

Data shows that in October, transactions in the inter-bank money market totaled RMB 68.6 trillion, a year-on-year decrease of 0.34% and a link relative ratio decrease of 11.16%. The weighted average monthly interbank offered interest rate was 2.56%, 1 base point higher than last month; The weighted average monthly pledged repo offered interest rate was 2.57%, 1 base point higher than last month. 

In addition, in October, spot bond transactions in the inter-bank bond market totaled RMB 16.9 trillion, or an average of RMB 888.83 billion a day, a year-on-year increase of 19.09%. The spot bond transactions in the bond market of the exchange was RMB 569.47 billion, with the daily average trading volume of RMB 31.64 billion , a year-on-year increase of 31.93%. 

Source | www.xinhuanet.com