Latest News
China's bond issuance hits 36 trln yuan in 2016
Last Updated: 2017-01-23 07:52 | Xinhua
 Save  Print   E-mail

The value of bonds issued in China last year totaled 36.1 trillion yuan (5.23 trillion U.S. dollars), the central bank said Sunday.

The figure was up 54.2 percent from 2015, according to the People's Bank of China (PBOC).

The surge in bond issuance suggests it is becoming easier for Chinese firms to find affordable financing. The PBOC said that financing costs for companies through bond issuance had significantly reduced since 2014.

The bank said in April last year that China would not limit investment by foreign central banks and similar institutions in the Chinese inter-bank foreign exchange and bond markets as long as they registered their investments.

0
Share to 
Related Articles:
Most Popular
BACK TO TOP
Edition:
Chinese | BIG5 | Deutsch
Link:    
Xinhuanet | Chinadaily.com.cn | People's Daily Online | China.org.cn | CNTV | China.com | Global Times | Ecns.cn | China Youth International | Visit Beijing | Taiwan.cn
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved