Bonds issued by the country's private firms in the interbank market totaled nearly 350 billion yuan (about 51 billion U.S. dollars) in the January-August period, up 64 percent year on year, according to the People's Bank of China.
China has further improved bond financing tools in its interbank market, including introducing credit risk mitigation warrants, which so far has achieved notable results, said Cao Yuanyuan, deputy secretary-general of the National Association of Financial Market Institutional Investors.
Since the start of the year, 52 private companies have issued bonds by leveraging such supportive tools. Enditem
