Off the wire
• Cambodia thanks Russia for supporting it as SCO dialogue partner  • Chinese vice president meets Ghanaian foreign minister  • 1st LD: Casualties feared as twin blasts hit Muslim praying ground in Nigeria: witnesses  • Top advisory body to convene in August  • China's external debt hits 10.28 trln yuan  • Feature: Egyptians celebrate post-Ramadan feast, wishing for more security, stability  • European Commission recalls five European countries to abolish airspace borders  • Yu Zhengsheng stresses national identity among HK, Macao youth  • Major news items in leading German newspapers  • 1st Ld-writethru: Chinese infant receives world's first 3D-printed cranium reconstruction  
You are here: 　 Home

China's bond issuance surges 50 percent in first half

Xinhua, July 17, 2015 Adjust font size:

The value of bonds issued in China in the first half of 2015 reached 8.3 trillion yuan (1.36 trillion U.S. dollars), up 50.3 percent from a year earlier, the central bank said on Friday.

Of the bonds issued during the period, 8 trillion yuan were issued through the inter-bank bond market, up 46.2 percent year on year, according to the People's Bank of China (PBOC).

Bonds issued in June alone hit 2.1 trillion yuan, up 105 percent year on year and up 31.5 percent from May.

The total balance of the bond market reached 39.5 trillion yuan by the end of June.

The PBOC cut both the requirement reserve ratio, the amount of reserves banks are required to hold, and benchmark interest rates in late June to boost the economy.

China's economy posted a better-than-expected growth of 7 percent in the second quarter of 2015, unchanged from the first quarter. Endi