Small font size A Larger text size A Largest text size A

China September new bank loans rise to 1.29 trillion yuan, below forecast

BY Reuters | ECONOMIC | 10/15/25 05:11 AM EDT

BEIJING, Oct 15 (Reuters) - Chinese banks extended 1.29 trillion yuan ($181.06 billion) in new loans in September, rising from 590 billion yuan in August, according to Reuters calculations based on data from the People's Bank of China (PBOC) on Wednesday.

Analysts polled by Reuters had expected September new yuan loans would reach 1.47 trillion yuan, compared with 1.59 trillion yuan a year earlier. Lending in China typically picks up in September due to seasonal factors.

The central bank does not provide monthly breakdowns. Reuters calculated the September figures based on the bank's January-September data, compared with the January-August figure. ($1 = 7.1247 Chinese yuan renminbi) (Reporting by Kevin Yao and Liz Lee; Editing by Alison Williams)

More Fixed Income News

Trump appointee inspired by conservative media outlet to push for probe of Democratic congressman BY Reuters |AGENCY 01:39 PM EST
Exclusive-Trump appointee inspired by conservative media outlet to push for probe of Democratic congressman BY Reuters |AGENCY 06:04 AM EST
KBRA Assigns AAA Rating to Dallas Independent School District, TX: Unlimited Tax Bonds Series 2026A and 2026B BY Business Wire |MUNICIPAL 12/19/25 05:51 PM EST
White House's Hassett tells Fox Business Trump is right where others are wrong about inflation BY Reuters |ECONOMIC 12/19/25 05:19 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article