央行：11月债券市场共发行各类债券70179.3亿元

Group 1: Bond Market Issuance - In November, the bond market issued a total of 70,179.3 billion yuan across various types of bonds, including 10,444.2 billion yuan in government bonds, 9,126.9 billion yuan in local government bonds, 11,955.0 billion yuan in financial bonds, 13,948.8 billion yuan in corporate credit bonds, 327.2 billion yuan in credit asset-backed securities, and 24,009.2 billion yuan in interbank certificates of deposit [2][3] - As of the end of November, the total custody balance of the bond market reached 196.3 trillion yuan, with 173.0 trillion yuan in the interbank market and 23.2 trillion yuan in the exchange market [2][3] Group 2: Bond Market Trading Activity - In November, the interbank bond market recorded a total transaction volume of 30.5 trillion yuan, with an average daily transaction of 1.5 trillion yuan, reflecting a year-on-year increase of 7.6% and a month-on-month increase of 3.2% [3] - The exchange bond market had a transaction volume of 3.8 trillion yuan, with an average daily transaction of 188.7 billion yuan [3] Group 3: Foreign Participation in Bond Market - As of the end of November, the custody balance of foreign institutions in the Chinese bond market was 3.6 trillion yuan, accounting for 1.9% of the total custody balance [4] - Foreign institutions held 2.0 trillion yuan in government bonds, representing 56.2% of their total holdings [4] Group 4: Money Market Activity - In November, the interbank lending market recorded a transaction volume of 7.4 trillion yuan, a year-on-year decrease of 17.3% but a month-on-month increase of 9.6% [5] - The weighted average interest rate for interbank lending was 1.42%, up by 2.5 basis points month-on-month [5] Group 5: Commercial Paper Market - In November, the acceptance amount of commercial bills was 4.0 trillion yuan, with a discount amount of 3.1 trillion yuan [6] - Small and micro enterprises accounted for 93.5% of all bill issuers, with a total bill issuance amount of 3.0 trillion yuan [6] Group 6: Stock Market Performance - At the end of November, the Shanghai Composite Index closed at 3,888.6 points, down 66.2 points or 1.7% from the previous month [7] - The Shenzhen Component Index closed at 12,984.1 points, down 394.1 points or 2.9% from the previous month [7] Group 7: Holder Structure in Interbank Bond Market - As of the end of November, there were 3,987 institutional members in the interbank bond market, all of which were financial institutions [8] - The top 50 investors in corporate credit bonds held 53.4% of the total holdings, primarily concentrated among state-owned commercial banks, public funds, and insurance financial institutions [8]