The issuance of new bonds in China's onshore market rose 39.6 percent on a yearly basis to reach 1.6 trillion yuan in May, according to a monthly report released by the central bank on Wednesday.
In a break down, 1.5 trillion yuan were offered in the onshore interbank market. Bonds issued onshore in the first five months of the year amounted to 6.2 trillion yuan, up 37.8 percent from the same period a year ago.
The report also showed that as of end-May, bonds under the management of China Central Depository and Clearing Co., Ltd., China's bond custodian and clearing house, totaled 38.1 trillion yuan.
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