China's government bond net financing reached 1.31764 trillion yuan in July 2026, up 69.46 billion yuan year on year, while corporate bond net financing stood at 453.59 billion yuan, up 178.75 billion yuan, central bank data showed.Bond market custody balances totaled 207.4 trillion yuan at end-July 2026. Cash bond market turnover hit 41.4 trillion yuan in July, down 0.6% year on year, with the interbank bond market cash bond turnover rate at 19.2%, down 2.8 percentage points month on month. The bid-ask spread on the active 10-year government bond was 0.15 basis points.