China Financial Market Report (November 2025)

China has released the Financial Market Report for the month of November 2025. In November, the bond market saw a total issuance of RMB 7017.93 billion. The issuances of treasury bonds, local government bonds, financial bonds, corporate credit bonds, credit-asset-backed securities, and interbank certificates of deposit reached RMB 1044.42 billion, RMB 912.69 billion, RMB 1195.50 billion, RMB 1394.88 billion, RMB 32.72 billion, and RMB 2400.92 billion, respectively.

CategoryAmount (RMB billion)Amount (INR billion)
Total bond issuance7017.93₹90,464.15
Treasury bonds1044.42₹13,461.56
Local government bonds912.69₹11,763.57
Financial bonds1195.50₹15,404.00
Corporate credit bonds1394.88₹17,979.02
Credit-asset-backed securities32.72₹421.76
Interbank CDs2400.92₹30,934.85

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