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Since this year, brokerage bond financing has continued to heat up. According to Wind data, as of the press release on October 9, the amount of domestic bonds issued by brokerage firms since this year was 1.68 trillion yuan, an increase of 28.24% over the previous year. Among them, Cathay Pacific Haitong Securities, CITIC Securities, and CITIC Construction Investment Securities have all issued more than 100 billion yuan of domestic bonds since this year. According to industry insiders, in the context of active market trading and the expansion of capital-heavy business, the demand for brokers' bond issuance is rising, while the low interest rate environment also provides a window for them to reduce financing costs.
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Since this year, brokerage bond financing has continued to heat up. According to Wind data, as of the press release on October 9, the amount of domestic bonds issued by brokerage firms since this year was 1.68 trillion yuan, an increase of 28.24% over the previous year. Among them, Cathay Pacific Haitong Securities, CITIC Securities, and CITIC Construction Investment Securities have all issued more than 100 billion yuan of domestic bonds since this year. According to industry insiders, in the context of active market trading and the expansion of capital-heavy business, the demand for brokers' bond issuance is rising, while the low interest rate environment also provides a window for them to reduce financing costs.
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