#Financial Data Observation#New Social Finance DataThe increase in the scale of social financing in November was 2.45 trillion yuan, 455.6 billion yuan more than the same period last year. Among them, RMB loans increased by 1.

#金融数据观察#

New social finance data

In November, the increase in the scale of social financing was 2.45 trillion yuan, 455.6 billion yuan more than the same period last year. Among them, RMB loans increased by 1.11 trillion yuan, a year-on-year decrease of 44.7 billion yuan. The net financing of government bonds was 1.15 trillion yuan, an increase of 499.2 billion yuan year-on-year.

The contribution of government departments in new social finance is relatively large, the new medium and long-term loans to the residential sector are still weak, and the new medium and long-term loans to the enterprise sector are at a historical average. Government bond financing weakened sequentially, but it was still stronger than in the past five years.

Social Finance Stock Data:

At the end of November, the stock of social financing was 376.39 trillion yuan, a year-on-year increase of 9.4%. Among them, the balance of RMB loans was 234.37 trillion yuan, a year-on-year increase of 10.7%.