其中，国债发行13277.6亿元，地方政府债券发行9776.4亿元，金融债券发行11550.3亿元，公司信用类 债券发行12391.4亿元，信贷资产支持证券发行212.2亿元，同业存单发行26956.5亿元。 本报北京10月9日电（记者徐佩玉）中国人民银行9月30日发布数据显示，8月份，债券市场共发行各类 债券74281.4亿元。 债券市场对外开放方面，截至8月末，境外机构在中国债券市场的托管余额3.9万亿元，占中国债券市场 托管余额的比重为2%。其中，境外机构在银行间债券市场的债券托管余额3.8万亿元。 ...

8月份，从交易规模看，按法人机构统计，公司信用类债券前50名投资者交易占比60.8%，主要集中在 证券公司（自营）、基金公司（资管）和银行理财子公司（资管），前200名投资者交易占比91.1%。 北京商报讯（记者 岳品瑜 董晗萱）9月30日，人民银行公布2025年8月份金融市场运行情况。截至8月 末，银行间债券市场的法人机构成员共3984家，全部为金融机构。从持债规模看，公司信用类债券前50 名投资者持债占比53.0%，主要集中在公募基金（资管）、国有大型商业银行（自营）、保险类金融机 构（资管）等；前200名投资者持债占比83.9%。单只公司信用类债券持有人数量最大值、最小值、平 均值和中位值分别为114、1、12、12家，持有人20家以内的信用债只数占比88.8%。 ...

北京商报讯(记者岳品瑜董晗萱)9月30日，人民银行公布2025年8月份金融市场运行情况。8月份，债券 市场共发行各类债券74281.4亿元。国债发行13277.6亿元，地方政府债券发行9776.4亿元，金融债券发 行11550.3亿元，公司信用类债券发行12391.4亿元，信贷资产支持证券发行212.2亿元，同业存单发行 26956.5亿元。 截至8月末，债券市场托管余额192.0万亿元。其中，银行间市场托管余额169.8万亿元，交易所市场托管 余额22.2万亿元。分券种来看，国债托管余额38.4万亿元，地方政府债券托管余额53.0万亿元，金融债 券托管余额43.9万亿元，公司信用类债券托管余额34.1万亿元，信贷资产支持证券托管余额1.0万亿元， 同业存单托管余额20.4万亿元。商业银行柜台债券托管余额2225.2亿元。 ...

央行发布2025年8月份金融市场运行情况。8月份，债券市场共发行各类债券74281.4亿元。国债发行 13277.6亿元，地方政府债券发行9776.4亿元，金融债券发行11550.3亿元，公司信用类债券1发行12391.4 亿元，信贷资产支持证券发行212.2亿元，同业存单发行26956.5亿元。 截至8月末，债券市场托管余额192.0万亿元。其中,银行间市场托管余额169.8万亿元，交易所市场托管 余额22.2万亿元。分券种来看，国债托管余额38.4万亿元，地方政府债券托管余额53.0万亿元，金融债 券托管余额43.9万亿元，公司信用类债券托管余额34.1万亿元，信贷资产支持证券托管余额1.0万亿元， 同业存单托管余额20.4万亿元。商业银行柜台债券托管余额2225.2亿元。 （文章来源：第一财经） ...

Group 1 - The core point of the announcement is that Guangfa Securities (000776.SZ) reported a borrowing balance of 446.012 billion yuan as of August 31, 2025, with a cumulative new borrowing amount of 52.981 billion yuan, which represents 34.61% of the net assets at the end of the previous year, exceeding the 20% threshold [1] - The new borrowings primarily come from bank loans, corporate credit bonds, loans from non-bank financial institutions, and other borrowings [1] - The new borrowings comply with relevant laws and regulations and fall within the normal scope of the company's business activities, indicating that they will not adversely affect the company's operational status and debt repayment capability [1]

Group 1 - In July, China's bond market issued a total of 77,536.2 billion yuan in various bonds, including 12,226.5 billion yuan in government bonds, 12,134.9 billion yuan in local government bonds, 13,905.5 billion yuan in financial bonds, 13,496.8 billion yuan in corporate credit bonds, 329.3 billion yuan in credit asset-backed securities, and 24,743.6 billion yuan in interbank certificates of deposit [1] - As of the end of July, the total custody balance of China's bond market reached 190.4 trillion yuan, with 168.4 trillion yuan in the interbank market and 22.0 trillion yuan in the exchange market [1] - By bond type, the custody balance includes 37.6 trillion yuan in government bonds, 52.5 trillion yuan in local government bonds, 43.4 trillion yuan in financial bonds, 34.0 trillion yuan in corporate credit bonds, 1.0 trillion yuan in credit asset-backed securities, and 20.7 trillion yuan in interbank certificates of deposit [1] Group 2 - As of the end of July, the custody balance of foreign institutions in China's bond market was 4.0 trillion yuan, accounting for 2.1% of the total custody balance [2] - Among foreign institutions, the custody balance in the interbank bond market was 3.9 trillion yuan, with 2.0 trillion yuan in government bonds (51.4%), 1.0 trillion yuan in interbank certificates of deposit (24.9%), and 0.8 trillion yuan in policy bank bonds (19.3%) [2]

Core Insights - In July, China's bond market issued a total of 77,536.2 billion yuan in various types of bonds [1] - As of the end of July, the custody balance of China's bond market reached 190.4 trillion yuan [1] Bond Issuance Breakdown - In July, the issuance of government bonds amounted to 12,226.5 billion yuan [1] - Local government bonds issued totaled 12,134.9 billion yuan [1] - Financial bonds issued were 13,905.5 billion yuan [1] - Corporate credit bonds issued reached 13,496.8 billion yuan [1] - Asset-backed securities issued were 329.3 billion yuan [1] - Negotiable certificates of deposit issued totaled 24,743.6 billion yuan [1] Foreign Participation - As of the end of July, the custody balance of foreign institutions in China's bond market was 4 trillion yuan, accounting for 2.1% of the total custody balance [1] - The custody balance of foreign institutions in the interbank bond market was 3.9 trillion yuan [1]

Key Points - In July 2025, the total issuance of various bonds in the bond market reached 77,536.2 billion yuan [1] - The breakdown of bond issuance includes: - Government bonds: 12,226.5 billion yuan - Local government bonds: 12,134.9 billion yuan - Financial bonds: 13,905.5 billion yuan - Corporate credit bonds: 13,496.8 billion yuan - Credit asset-backed securities: 329.3 billion yuan - Interbank certificates of deposit: 24,743.6 billion yuan [1] Market Custody Balance - As of the end of July, the total custody balance of the bond market was 190.4 trillion yuan - The breakdown of custody balance includes: - Interbank market: 168.4 trillion yuan - Exchange market: 22.0 trillion yuan [1] Bond Types Custody Balance - The custody balance by bond type includes: - Government bonds: 37.6 trillion yuan - Local government bonds: 52.5 trillion yuan - Financial bonds: 43.4 trillion yuan - Corporate credit bonds: 34.0 trillion yuan - Credit asset-backed securities: 1.0 trillion yuan - Interbank certificates of deposit: 20.7 trillion yuan - Commercial bank counter bond custody balance: 209.2 billion yuan [1]

Core Insights - The People's Bank of China reported that in July 2025, the total issuance of various bonds in the bond market reached 77,536.2 billion yuan [1] - The breakdown of bond issuance includes: 12,226.5 billion yuan in government bonds, 12,134.9 billion yuan in local government bonds, 13,905.5 billion yuan in financial bonds, 13,496.8 billion yuan in corporate credit bonds, 329.3 billion yuan in credit asset-backed securities, and 24,743.6 billion yuan in interbank certificates of deposit [1] Bond Market Overview - As of the end of July, the total custody balance of the bond market was 190.4 trillion yuan [1] - The custody balance in the interbank market was 168.4 trillion yuan, while the exchange market had a custody balance of 22.0 trillion yuan [1] - By bond type, the custody balances were: 37.6 trillion yuan for government bonds, 52.5 trillion yuan for local government bonds, 43.4 trillion yuan for financial bonds, 34.0 trillion yuan for corporate credit bonds, 1.0 trillion yuan for credit asset-backed securities, and 20.7 trillion yuan for interbank certificates of deposit [1] - The custody balance of bonds at commercial banks' counters was 2,092.8 billion yuan [1]

Group 1 - In February 2022, the bond market issued a total of 44,307.7 billion yuan in various types of bonds [1] - The issuance breakdown includes 4,800 billion yuan in government bonds, 5,071 billion yuan in local government bonds, 7,240.5 billion yuan in financial bonds, 7,518.4 billion yuan in corporate credit bonds, 45.0 billion yuan in credit asset-backed securities, and 19,366.1 billion yuan in interbank certificates of deposit [1] - By the end of February, the total custody balance of the bond market reached 136.3 trillion yuan, with government bonds at 22.4 trillion yuan, local government bonds at 31.3 trillion yuan, financial bonds at 31.9 trillion yuan, corporate credit bonds at 31.6 trillion yuan, credit asset-backed securities at 2.6 trillion yuan, and interbank certificates of deposit at 14.5 trillion yuan [1] Group 2 - In February, the interbank bond market saw a total transaction volume of 173 trillion yuan, with an average daily transaction of 10,825 billion yuan, marking a year-on-year increase of 69% and a month-on-month increase of 8.8% [1] - The average transaction size was primarily between 5 million to 50 million yuan, with an average transaction amount of 49.04 million yuan [1] - The exchange bond market recorded a transaction volume of 21 trillion yuan, with an average daily transaction of 1,281.9 billion yuan, reflecting a year-on-year increase of 54.3% and a month-on-month increase of 4.4% [1] Group 3 - As of the end of February 2022, the custody balance of foreign institutions in the Chinese bond market was 4.1 trillion yuan, accounting for 3% of the total custody balance [2] - Foreign institutions held 2.5 trillion yuan in government bonds, representing 62.3% of their total holdings, and 1.1 trillion yuan in policy financial bonds, accounting for 26.4% [2]