BEIJING, July 11, 2022 (Xinhua) Chinese non-financial institutions raised more funds through debt financing instruments in the interbank bond market in the first half of 2022.
According to data from the National Association of Financial Market Institutional Investors, net financing through debt financing instruments reached about 1.1 trillion yuan (163.94 billion US dollars) in the first half of 2022, 500 billion yuan more than the same period last year.
In the first half, non-financial institutions issued 4.73 trillion yuan of debt financing instruments in the interbank bond market, up 6 percent year on year.
Since the beginning of this year, the interbank bond market has boosted support for private corporate finance.
In the first half of 2022, the market supported China’s major enterprises in the logistics sector such as SF Express, Deeppon Express, Yunda Express and YTO Express, to issue debt financing instruments worth 5 billion yuan, to complete its funds operational and debt structure strengthening.
Debt financing instruments include a variety of marketable securities for non-financial companies wishing to raise capital, including short-term commercial paper, medium-term bonds, private placement bonds, and very short-term commercial paper. /ts/