9000 billion yuan deposited by CBRC

China's bond market has developed rapidly over the past decade. Many new services have been launched including REPO and cash bond transactions, short-term financing bonds, asset-backed securities, Panda Bonds and more in the past ten years, said Liu Mingkang, director of Chinese Banking Regulatory Commission (CBRC).

The balance of bonds deposited by China's central bond depository system is as much as 9000 billion. A total of 50,000 billion yuan of cleared bonds have been process by the Chinese Government Securities Depository Trust & Clearing Co., Ltd. in the first nine months of this year.

By People's Daily Online