BEIJING -- Bonds issued in China in the first 10 months of 2015 reached 17.2 trillion yuan ($2.7 trillion), up 72.8 percent from a year earlier, the central bank said on Wednesday.
Of the bonds issued, 16.3 trillion yuan's worth were issued through the inter-bank bond market, 67.8 percent more than in the first 10 months of 2014, according to the People's Bank of China (PBOC).
Bonds issued in October alone hit 2.1 trillion yuan, up 88.7 percent year-on-year but lower than 2.5 trillion yuan in September.
The surging bond issuance suggested a lighter financing burden on Chinese firms. Financing costs for companies through bond issuance has been significantly reduced since 2014, the PBOC said.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
