China’s new bonds reach RMB 625.8 billion in January

Tuesday, 28 February 2023 10:22:38 (GMT+3)   |   Shanghai
       

China’s Ministry of Finance (MOF) announced that in January this year China issued RMB 625.8 billion ($90 billion) of new bonds, including RMB 491.2 billion ($71 billion) of new special bonds.

Meanwhile, China Banking Regulatory Commission stated that new bank loans of RMB 1.5 trillion ($0.2 trillion) were allocated for infrastructure construction in January.

$1 = RMB 6.9519


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