BIZCHINA / News
China's financial markets trade actively in 1st two months
(Xinhua)
Updated: 2007-04-02 09:28
China's financial markets saw steady but active trading in the first two
months of 2007, a report released by the country's central bank said on
Friday.
Bond circulation rose by 4.9 percent over the same period of 2006 and 962
billion yuan worth of bonds were issued on the inter-bank bonds market,
according to the People's Bank of China (PBOC) report.
The total comprised 857 billion yuan (US$111 billion) of central bank
bills, 50 billion yuan of policy bank financial bonds, 30 billion yuan of
book-entry treasury bonds and 25 billion yuan of enterprise short-term
finance bills.
Transaction volume on the China inter-bank credit market totaled 586
billion yuan in the period, up 149 percent year on year.
The repo market was also active and treasury bond repurchases totaled
4,810 billion yuan, up 78 percent year on year, PBOC said.
(For more biz stories, please visit Industry Updates)
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