CHINA BONDS ISSUE SURGES 82.8% IN FIRST EIGHT MONTHS

AsiaInfo Services 09-28-2007 China Bonds Issue Surges 82.8% in First Eight Months SHANGHAI, Sep 28, 2007 (SinoCast via COMTEX) -- Bond issues in China's interbank bond market increased sharply in the first eight months of 2007 on the issuance of earmarked treasury bonds, showed latest report by the central bank. The size of bonds issued surged 82.8 percent than the same period of last year following the first-issue CNY 600 billion earmarked T-bonds.

Larger issuance of policy-related financial bonds and commercial banks' bonds was another reason for the surge. Interbank lending ...

Read the rest of this article with a Free Trial at HighBeam Research.