Securities firms were approved to issue bonds of 316.1 billion, a nearly 12% year-on-year decrease.

Brokerage bond financing is continuing to cool down. According to Securities Times reporter, since the beginning of this year, 20 listed brokerages have been approved to issue bonds, with a total planned issuance scale of 316.1 billion yuan, a year-on-year decrease of nearly 12% in total issuance scale. In addition, short-term financing bonds and perpetual subordinated bonds are no longer the favorites of brokerages.

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