A total of 61.9 trillion yuan of bonds were issued in China’s bond market in 2021

2022-04-29 0 By

The picture shows the People’s Bank of China building.A total of 61.9 trillion yuan of bonds will be issued in China’s bond market in 2021, up 8% from the previous year, according to data released by the People’s Bank of China (PBOC).The scale of China’s bond market will grow steadily in 2021, according to financial market operations released by the central bank.This included 6.7 trillion yuan in Treasury bonds, 7.5 trillion yuan in local government bonds, 9.6 trillion yuan in financial bonds and 14.8 trillion yuan in corporate credit bonds.In addition, China’s bond yields in 2021 overall shock down.At the end of December 2021, the yields of 1-year, 3-year, 5-year, 7-year and 10-year Treasury bonds were 2.24%, 2.46%, 2.61%, 2.78% and 2.78%, down 23, 36, 34, 39 and 36 basis points, respectively, from the same period last year.In addition, The high-level opening up of China’s bond market is steadily advancing, and the investor structure is further diversified.By the end of 2021, the balance of custody held by foreign institutions in China’s bond market was 4.1 trillion yuan, accounting for 3.1 percent of the total.Among them, foreign institutions held 2.5 trillion yuan, accounting for more than 60%.(Reporter Wu Yu)