2022年中国债券市场平稳运行

Core Insights - The People's Bank of China reported that the bond market in China operated smoothly in 2022, with mixed fluctuations in government bond yields and a stable, orderly high level of openness to foreign investment [1] Group 1: Bond Market Overview - In 2022, the total issuance of various bonds in China reached 61.9 trillion yuan, remaining stable year-on-year [1] - The interbank bond market accounted for 56.0 trillion yuan of the total issuance, reflecting a year-on-year growth of 5.4%, while the exchange market issued 5.8 trillion yuan [1] Group 2: Specific Bond Issuances - Government bonds issued totaled 9.6 trillion yuan, while local government bonds amounted to 7.4 trillion yuan [1] - Financial bonds issued reached 9.8 trillion yuan, and corporate credit bonds issued were 13.8 trillion yuan [1] - Asset-backed securities for credit issuance totaled 334.5 billion yuan, and interbank certificates of deposit issued were 20.5 trillion yuan [1] Group 3: Market Custody and Growth - As of the end of December 2022, the custody balance of the bond market was 144.8 trillion yuan, showing a year-on-year increase of 11.3 trillion yuan [1] - The custody balance in the interbank bond market was 125.3 trillion yuan, while the exchange market's custody balance was 19.5 trillion yuan [1]