Tuesday, 02 January 2024 12:17 GMT

Bonds valued at USD414 issued in China


(MENAFN)

Official data showed that the Chinese government has issued bonds valued at USD414 billion in the earlier month of January.

The People's Bank of China said that the treasury bonds stood at a value of USD24.19 billion, and the local government bonds came in at USD111.71 billion.

Financial bonds that were issued back in January stood at a value of USD64.98 billion, the corporate debentures stood at USD117.64 billion yuan.

The total outstanding bonds came in at USD14.29 trillion at the end of the earlier month.

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