The yield on China 10Y Bond Yield rose to 1.64% on July 4, 2025, marking a 0 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.04 points and is 0.62 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. China 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

China Bond Yield: Treasury Bond: 10 Year data was reported at 1.679 % pa in 16 May 2025. This records a decrease from the previous number of 1.680 % pa for 15 May 2025. China Bond Yield: Treasury Bond: 10 Year data is updated daily, averaging 3.254 % pa from Mar 2006 (Median) to 16 May 2025, with 4806 observations. The data reached an all-time high of 4.722 % pa in 20 Nov 2013 and a record low of 1.596 % pa in 06 Feb 2025. China Bond Yield: Treasury Bond: 10 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.

The yield on China 30 Year Bond Yield eased to 1.85% on June 27, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.05 points and is 0.58 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 30Y.

China Bond Issuance: Govt Bond: Local Government Bond data was reported at 978,803.370 RMB mn in Mar 2025. This records a decrease from the previous number of 1,305,730.170 RMB mn for Feb 2025. China Bond Issuance: Govt Bond: Local Government Bond data is updated monthly, averaging 226,676.140 RMB mn from Mar 2009 (Median) to Mar 2025, with 193 observations. The data reached an all-time high of 1,933,660.570 RMB mn in Jun 2022 and a record low of 0.000 RMB mn in Jan 2018. China Bond Issuance: Govt Bond: Local Government Bond data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: CCDC: Bond Issued.

China Bond Outstanding: PBC data was reported at 183,362,600.000 RMB mn in Mar 2025. This records an increase from the previous number of 180,667,000.000 RMB mn for Feb 2025. China Bond Outstanding: PBC data is updated monthly, averaging 94,855,483.470 RMB mn from Jan 2014 (Median) to Mar 2025, with 135 observations. The data reached an all-time high of 183,362,600.000 RMB mn in Mar 2025 and a record low of 30,081,782.160 RMB mn in Jan 2014. China Bond Outstanding: PBC data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: PBC, NDRC, CSRC, CCDC, SHCH: Bond Outstanding.

As of April 16, 2025, the Chinese bond market displayed a positive spread of 22.4 basis points between 10-year and 2-year yields, indicating long-term rates well above short-term ones. The 5-year versus 2-year spread was also positive, at 7.4 basis points.

Bond market statistics- issuance, redemption, and outstanding balance of domestic corporate bonds and financial bonds

In 2024, the value of bonds issued by China's monetary authority amounted to 157 billion yuan. Despite the outbreak of COVID-19, the People's Bank of China issued fewer bonds than in the previous year.

The yield on China 20 Year Bond Yield rose to 1.91% on July 1, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.06 points and is 0.51 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 20Y.

China Bond Market Capitalization: Bond in RMB data was reported at 77,897,245.838 RMB mn in Feb 2021. This records a decrease from the previous number of 77,998,061.325 RMB mn for Jan 2021. China Bond Market Capitalization: Bond in RMB data is updated monthly, averaging 20,586,532.500 RMB mn from Jan 2002 (Median) to Feb 2021, with 230 observations. The data reached an all-time high of 77,998,061.325 RMB mn in Jan 2021 and a record low of 2,198,034.000 RMB mn in Jan 2002. China Bond Market Capitalization: Bond in RMB data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: CCDC: Market Summary.

In 2023, the value of government securities amounted to over 20 trillion yuan. The largest share of the debt was financial bonds which reached a value of over 36 trillion yuan.

The yield on China 3 Year Bond Yield rose to 1.39% on July 4, 2025, marking a 0.01 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.07 points and is 0.41 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 3Y.

The yield on China 5 Year Bond Yield eased to 1.49% on July 3, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.06 points and is 0.47 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 5Y.

In March 2025, the average yield on ten-year government bonds in the United States was 4.27 percent. This was the highest of the selected developed economies considered in this statistic. Except Germany, Luxembourg, and Japan, all countries had a yield higher than three on their government bonds. Bonds and yields – additional information The bond yield indicates the level of return that the investor can expect from a given type of bond. The government of Italy, for instance, offered the investors 3.9 percent yield on ten-year government bonds for borrowing their money in March 2025. In the United States, government needs are also financed by selling various debt instruments such as Treasury bills, notes, bonds and savings bonds to investors. The largest holders of U.S. debt are the Federal Reserve and Government accounts in the United States. The major foreign holders of the United States treasury securities are Japan, Mainland China, and the United Kingdom.

The yield on China 2 Year Bond Yield eased to 1.36% on July 4, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.09 points and is 0.29 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 2Y.

CN: Market Cap: Shenzhen SE: Tradable: Treasury Bond data was reported at 57,999.634 RMB mn in Dec 2017. This records an increase from the previous number of 56,383.194 RMB mn for Nov 2017. CN: Market Cap: Shenzhen SE: Tradable: Treasury Bond data is updated monthly, averaging 5,704.803 RMB mn from Jan 2003 (Median) to Dec 2017, with 180 observations. The data reached an all-time high of 57,999.634 RMB mn in Dec 2017 and a record low of 846.792 RMB mn in Mar 2003. CN: Market Cap: Shenzhen SE: Tradable: Treasury Bond data remains active status in CEIC and is reported by Shenzhen Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: Listed Bond Market Capitalization.

CN: Market Cap: Shenzhen SE: Tradable: Bond: Repurchase data was reported at 0.000 RMB mn in Mar 2021. This stayed constant from the previous number of 0.000 RMB mn for Feb 2021. CN: Market Cap: Shenzhen SE: Tradable: Bond: Repurchase data is updated monthly, averaging 0.000 RMB mn from Dec 2012 (Median) to Mar 2021, with 100 observations. The data reached an all-time high of 0.000 RMB mn in Mar 2021 and a record low of 0.000 RMB mn in Mar 2021. CN: Market Cap: Shenzhen SE: Tradable: Bond: Repurchase data remains active status in CEIC and is reported by Shenzhen Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: Listed Bond Market Capitalization.

China Bond Issuance: Asset Backed Securities data was reported at 18,600.267 RMB mn in Mar 2025. This records an increase from the previous number of 1,500.000 RMB mn for Feb 2025. China Bond Issuance: Asset Backed Securities data is updated monthly, averaging 12,885.931 RMB mn from Dec 2005 (Median) to Mar 2025, with 232 observations. The data reached an all-time high of 180,515.156 RMB mn in Nov 2020 and a record low of 0.000 RMB mn in Feb 2024. China Bond Issuance: Asset Backed Securities data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: CCDC: Bond Issued.

China Bond Index: CSI Treasury data was reported at 246.340 31Dec2002=100 in 14 May 2025. This records a decrease from the previous number of 246.510 31Dec2002=100 for 13 May 2025. China Bond Index: CSI Treasury data is updated daily, averaging 169.970 31Dec2002=100 from Jan 2003 (Median) to 14 May 2025, with 5421 observations. The data reached an all-time high of 247.470 31Dec2002=100 in 07 Feb 2025 and a record low of 128.635 31Dec2002=100 in 01 Dec 2010. China Bond Index: CSI Treasury data remains active status in CEIC and is reported by China Securities Index Co., Ltd.. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: Bond Indices: Daily.

China Market Capitalization: Shenzhen SE: Treasury Bond data was reported at 21,506,407.895 RMB mn in Dec 2017. This records an increase from the previous number of 21,203,939.435 RMB mn for Nov 2017. China Market Capitalization: Shenzhen SE: Treasury Bond data is updated monthly, averaging 3,472,562.343 RMB mn from Jan 2003 (Median) to Dec 2017, with 180 observations. The data reached an all-time high of 21,506,407.895 RMB mn in Dec 2017 and a record low of 820.221 RMB mn in Jan 2003. China Market Capitalization: Shenzhen SE: Treasury Bond data remains active status in CEIC and is reported by Shenzhen Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: Listed Bond Market Capitalization.