-- China's outstanding total social financing rose 7.9% year on year to 456.5 trillion yuan as of the end of March, the People's Bank of China said in a press release published late Monday.
Among these are outstanding renminbi-denominated loans, which climbed 5.8% from a year earlier to 277.3 trillion yuan, accounting for 60.7%, and outstanding foreign currency loans, which declined 5.3% to 1.120 trillion yuan, accounting for 0.2% of the total social financing.
Outstanding government bonds, which accounted for 21.6% of social financing, recorded the biggest increase, jumping 15.9% year on year to 98.5 trillion yuan. It was followed by outstanding corporate bonds, which climbed 7.9% to 35.2 trillion yuan.
Meanwhile, the total social financing during the first quarter declined by 354.5 billion yuan to 14.8 trillion yuan.
Renminbi-denominated loans also rose by 8.6 trillion yuan, with the outstanding balance of renminbi-denominated loans rising 5.7% to 280.51 trillion yuan.