Business / Markets

Interbank RMB transactions hit 618.12t yuan in 2015

(Xinhua) Updated: 2016-01-11 13:34

BEIJING - China's interbank local currency market transactions totalled 618.12 trillion yuan ($94.17 trillion) in 2015, data showed on Sunday.

Renminbi pledge-style repo businesses, short-term renminbi financing transactions with bonds as pledge of rights, account for 432.41 trillion yuan of the total, China Foreign Exchange Trade System announced in a report.

China Development Bank, Industrial and Commercial Bank of China, Postal Savings Bank of China, Bank of China Limited and China Everbright Bank are the top five banks in terms of transaction volume.

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