Latest News:  
Beijing   Sunny    16 / 4 ℃  City Forecast

English>>China Business

China's outstanding bonds reach 23.26 trillion yuan

(Xinhua)

11:31, November 04, 2012

BEIJING, Nov. 3 (Xinhua) -- China's outstanding bonds rose by 210.85 billion yuan (33.47 billion U.S. dollars) to reach 23.26 trillion yuan at the end of October, new official figures revealed on Saturday.

The undue 23.26-trillion-yuan of bonds, which include medium-term notes, government and corporate bonds, was equal to nearly half of China's gross domestic product last year, according to data from the China Central Depository & Clearing Co., Lad. (CCDC), the country's bond custodian.

Institutional investors, particularly fund companies, increased their holdings of bonds across the board in October, according to the CCDC.

CCDC data showed fund companies raised their bond portfolio by 102.4 billion yuan in the month to 2.11 trillion yuan, while commercial banks held 15.59 trillion yuan of bonds, up 51.8 billion from September.

In addition, insurance companies and brokerage firms built up their bond portfolio by 24.4 billion and 700 million yuan, respectively, in the month.

Among all newly added bond products in CCDC's custody, medium-term notes, or debts that usually mature in five to 10 years, increased the most, by 82.27 billion yuan, compared with 65.13 billion yuan in government bonds and 58.55 billion yuan in corporate bonds.




News we recommend:
[Special]'Made in China' Revisited Chinese property companies speed up Yuan set to be more flexible
Software changes its China business model Alarm raised over Apple 'erotic' app HNA Group buys 48% stake in French airline
Asian economies turn to yuan  Yuan at highest value versus US dollar Policies raise hope for Chinese PV solar

Email|Print|Comments(Editor:朱蕤、姚春)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. APF troop unit conducts conscription publicity

  2. J-10 takes off from China’s aircraft carrier

  3. DPRK’s leader watches soccer game

  4. People have fun at Angry Birds theme park

  5. Cute giant panda cubs

  6. China's manufacturing picks up in October

  7. Life with a newborn, useful tips for new moms

  8. Will these women be willing to marry 'down'?

Most Popular

Opinions

  1. Mahjong eligible for world heritage
  2. Noda cabinet hangs by a thread
  3. Strong yuan poses risk for economy
  4. Time to rethink music profit models
  5. Policy support for private sector
  6. Japan urged to face change on Diaoyu issue
  7. What kind of 'busy culture' do we need?
  8. 'Noah's Flood' breaks down the cultural barrier
  9. A vital asset for emerging ratings agency
  10. Clearing the path for global currency

What’s happening in China

Online dating, a rising trend in China

  1. Red Cross seeks transparency after scandal
  2. China boosts investment in healthcare
  3. Chinese Go master loses battle with cancer
  4. Banned drug found in pork sample
  5. Use of China's Beidou GPS technology spreading