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Published: 14:14, October 02, 2023 | Updated: 14:18, October 02, 2023
China's bond market issuances hit 6.63t yuan in Aug
By Xinhua
Published:14:14, October 02, 2023 Updated:14:18, October 02, 2023 By Xinhua

This undated photo shows a worker counting Chinese currency renminbi at a bank in Lianyungang, East China's Jiangsu province. (PHOTO / XINHUA)

BEIJING - Bond issuances in China totaled 6.63 trillion yuan (about $923.42 billion) in August, data from the central bank showed.

Treasury bond issuances stood at 922.42 billion yuan, while local government bond issuances amounted to 1.31 trillion yuan, according to the People's Bank of China.

In August, issuances of financial bonds came in at 919.47 billion yuan, while corporate credit bond issuances totaled about 1.45 trillion yuan.

ALSO READ: China's bond market issuances hit 5.46t yuan in May

Issuances of credit-asset-backed securities stood at 33.17 billion yuan, and the issuance of interbank deposit certificates hit 1.96 trillion yuan.

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