China's bond market sees 4.8-trln-yuan issuance in April

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BEIJING, May 18 (Xinhua) -- The total bond issuance in China stood at 4.8 trillion yuan (about 676 billion U.S. dollars) in April, down from 5.3 trillion yuan in March, data from the central bank showed Monday.

Of the total, the issuance of treasury bonds reached 436.64 billion yuan, higher than 370 billion yuan in March, while the issuance of local government bonds stood at 286.76 billion yuan, lower than 387.52 billion yuan in March, according to the People's Bank of China.

In April, the issuance of financial bonds stood at 977.62 billion yuan, that of corporate bonds reached 1.6 trillion yuan, the issuance of asset-backed securities was 60.15 billion yuan and that of interbank certificates of deposit hit 1.3 trillion yuan.

By the end of April, outstanding bonds held in custody hit 104.6 trillion yuan, including 16.4 trillion yuan of treasury bonds and 22.8 trillion yuan of local government bonds. Enditem

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