Beijing bourse treasury bond sales exceed $15.5b

This Nov 14, 2021 photo shows an exterior view of the office building of the Beijing Stock Exchange, in Beijing, capital of China. (LI XIN / XINHUA)

BEIJING – Some 110.36 billion yuan (about $15.52 billion) of treasury bonds were issued on the Beijing Stock Exchange in September, according to data from the bourse.

The Beijing bourse started treasury bond sales on Sept 2.

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The launch of treasury bonds is a key move to improve the bourse's market functions and promote its high-quality development, which is also conducive to giving the capital market an improved role in serving the real economy, the bourse said.

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Meanwhile, 19.557 billion yuan of local government bonds were issued on the bourse last month, bringing the total issuance to 57.423 billion yuan this year, data showed.