In October, RMB 689.8 billion was added in loans and 1.42 trillion in social financing was added.
The latest financial data for October showed a seasonal decline.
The latest data released by the People’s Bank of China on November 11 showed that RMB loans increased by 689.8 billion yuan in October, an increase of 28.5 billion yuan year-on-year, but slightly lower than market estimates of 700-800 billion yuan. The newly added scale. RMB loans increased by 1.9 trillion yuan in September.
From a structural point of view, the increase in residential long-term loans, reflecting the growth of personal housing loans, accounted for nearly 60%of the new RMB loans in October, and both short-term corporate loans and bill financing decreased.
Specifically, in October, household sector loans increased by 433.1 billion yuan, of which short-term loans increased by 27.2 billion yuan, medium and long-term loans increased by 405.9 billion yuan; corporate (institution) loans increased by 233.5 billion yuan, Among them, short-term loans decreased by 83.7 billion yuan, medium and long-term loans increased by 411.3 billion yuan, bill financing decreased by 112.4 billion yuan; loans from non-banking financial institutions increased by 38.2 billion yuan.
However, with the help of local government bonds, the increase in social financing reached 1.42 trillion yuan in October, 549.3 billion yuan more than the same period last year. In September this year, the increase in the scale of social financing was 3.48 trillion yuan.
Specifically, RMB loans issued to the real economy increased by 666.3 billion yuan, an increase of 119.3 billion yuan year-on-year; foreign currency loans issued to the real economy decreased by RMB 17.5 billion, a year-on-year decrease of 16.5 billion yuan. ; Entrusted loans decreased by 17.4 billion yuan, a year-on-year decrease of 49.3 billion yuan; trust loans decreased by 87.5 billion yuan, a year-on-year decrease of 25.1 billion yuan; undiscounted bank acceptances decreased by 108.9 billion yuan, a year-on-year decrease of 3.6 billion yuan; net corporate bonds Financing was 252.2 billion yuan, an increase of 49 billion yuan year-on-year; net government bond financing was 493.1 billion yuan, an increase of 306 billion yuan year-on-year; domestic non-financial enterprisesstock financing</span class=”entity-word” data-gid=”19850126″> Span> 92.7 billion yuan, an increase of 74.7 billion yuan year-on-year.
The year-on-year growth rate of M2, which represents generalized liquidity, declined in October.
The latest data from the Central Bank shows that as of the end of October, the balance of broad money (M2) was 214.97 trillion yuan, a year-on-year increase of 10.5%, and the growth rate was 0.4%lower than the end of the previous month and 2.1%higher than the same period last year. The balance of narrow money (M1) was 60.92 trillion yuan, a year-on-year increase of 9.1%, and the growth rate was 1 and 5.8 percentage points higher than the end of the previous month and the same period of the previous year respectively; the balance of currency in circulation (M0) was 8.1 trillion yuan, a year-on-year increase of 10.4%. Net cash returned in the month was 133.4 billion yuan.
Editor in charge:Zheng Jingxin