The value of bonds issued in China last month was 3.2 trillion yuan (around US $ 460 billion), according to data from People's Bank of China, the central bank.
According to Germany, Treasury bonds worth 349.5 billion yuan have been issued, and local government bonds have issued 256 billion yuan, according to data from the People's Bank.
Until the end of October, unpaid debts on the bond market reached 83.8 trillion yuan.
Last year, a number of measures were implemented to limit financial risk, as indebtedness increased to local governments and enterprises.
The central bank has undertaken to make greater efforts to streamline the process of selling bonds and to standardize the rules for approving and disclosing corporate credit issues.
Last year, China issued bonds worth 40.8 trillion yuan, an increase of 12.9 percent compared to the previous year.
Last month, Standard & Poor & # 39; s warned that China could face an "iceberg of debt with serious credit risk" after a wave of infrastructure projects carried out by local governments throughout the country.
According to the rating agency, local governments could record amounts of debts hidden off their balance sheet in the range of 30 to 40 trillion renminbi (4.3 – 5.8 trillion dollars) after a significant increase in loans.
The growing debt of the so-called Local government financing instruments at the end of last year reached an alarming level of 60% of Chinese GDP, which is likely to lead to an increase in the insolvency of companies affiliated with regional authorities.
The ratings come from long-standing concerns about the level of debt in China that see what some analysts regard as excessive bank loans in the face of the financial crisis that left unbalanced housing and other asset bubbles.
Beijing tried to stop excessive borrowing by private private companies such as HNE Group, Inbang and Dalian Wanda.
The government is trying to reduce debt because they suffer the most heavily indebted and indebted companies in the world.
However, in the face of a slowdown in economic growth and growing trade tensions with the United States, Beijing has begun to soften its debt reduction policy in recent weeks.