China's bond market issuances hit 5.46t yuan in May

BEIJING -- Bond issuances in China totaled 5.46 trillion yuan ($755.63 billion) in May, data from the central bank showed.

Treasury bond issuances stood at 735.28 billion yuan, while local government bond issuances amounted to 755.35 billion yuan, according to the People's Bank of China.

In May, issuances of financial bonds came in at 984.45 billion yuan, while corporate credit bond issuances totaled 796.27 billion yuan.

Issuances of credit-asset-backed securities stood at 25.3 billion yuan, and the issuance of interbank deposit certificates hit 2.12 trillion yuan.

By the end of May, outstanding bonds held in custody were at 149.3 trillion yuan, central bank data showed.