中证鹏元-中国债券市场统计（2025年度）

2025年度 7 7表22025年非金融企业债券市场净融资情 7 8 8 8 9 110 110 110 110 110 112 114 一、债券市场总体发行情况注：总偿还量包括到期、提前兑付、回售；取消规模占比=取注：包括企业债、公募公司债、私募公司债、可转换债券、可交换债券、中期票据、短期注：总偿还量包括到期、提前兑付、回售；取消规模占比=取772001963937446注：包括企业债、公募公司债、私募公司债、可转换债券、可交换债注：总偿还量包括到期、提前兑付、回售；取消规模占比=取564注：包括企业债、公募公司债、私募公司债、可转换债券、可交换债券、中期票据、短期注：总偿还量包括到期、提前兑付、回售；取消规模占比=取二、公募公司债券发行情况注：总偿还量包括到期、提前兑付、回售；取消规模占比=取5注：如果债券存在选择权，期限为选择权之前的期限，例如债券资料来源：Wind，中证鹏元整理资料来源：Wind注：如果债券存在选择权，期限为选择权之前的期限，例如债券46253400123456789688599648889888843662155556611444433222122554488101111102211111123427200845321845100430748402123052052232025300094402210943216226753100126313001013265800621864520212044019204108658200531303040477510014020066011031624404092110104001203001254550005433409371022252130249070247080111300026001300210101011604060013601030010114363600431012202125401019011811101020032024242333133002404092240005002603210520503032060826721010128038010801290635000760101240310723011080328208210030205030442328010130107202300410403264400310010250103103061734021003351051210112100010013321104524202501631411426321120300220202152111121122010201001221203045015425010025416028900033320120115035132408003316372680305871042511312012241022210140061068430145871232101200170031151141030011054100262721220101020204040404020201020111011106820011471234332114011629202001010111034409921138312301004231010111212002743394103033245322263060052082446000103240221014520113204210240040530016042003504403847030017883513393910498300290022010903112010612501986065230067886640700808035723320388122039423512182032111001431030024374022110011101451213429546101030201044510014010 红塔证券股份有限公司0.00平安证券股份有限公司 招商证券股份有限公司0.00 中信证券股份有限公司2 财通证券股份有限公司83.09 东方证券承销保荐有限公司0.00 东吴证券股份有限公司8.73 光大证券股份有限公司6.07 国泰君安证券股份有限公司 华安证券股份有限公司2.33 海通证券股份有限公司5.0020 天风证券股份有限公司0.00 湘财证券股份有限公司7.50 三、私募公司债券发行情况注：总偿还量包括到期、提前兑付、回售；取消规模占比=取科技创新公司债券25注：如果债券存在选择权，期限为选择权之资料来源：Wind，中证鹏元整理资料来源：Wind注：如果债券存在选择权，期限为选择权之3557612345678928775662227548855443344221111121103010110024021019440012273002892012010142540192541101353102195844720111021202554538240060230312102002770928020022282037203401149742230105301111201381155069107013002410101041110101024402100631112087030124023311516105022306528768820210261205702101055100021020010103536043302103551812122104683121401932012020404110420110105278700084501501402220250333250413107108105722764060701073104023201020101001101160204041321095175227003067300402120740043604092220103550195201036110192511111500210810401991023104251020131040421031030230301234011820654400065412102020920450233504065411811585343242110072230880422020313460483107432331030313700009210004220570065044354623015012017010928310211020201020223312040012362123610711320726500008510176200310224302030213216743843861002206116253232681029480150071044036011213453001004333047491121000862715644764004811035472003222106012721730810881010624166241082236201201003341020900510202232401231011010201420202050400320102131183353128010361364229790175000921371802539100344600119212302010281028300121221010342763301025927302095400840230011199120200167462026065217114240549141150132017420400110102020302001211040100110103001101010122002021010102112213033122120107473430220321810122015830011040570190230067501341180130126013311074410220312230732984407985137501202461122662334123101034222081127675870109008552028793005409781500092025350801116224251402128640042002600681316130001010213412021071102197021064104140310323401403514549615506004139020224360252355312501092015531503102413014110406010120015514032003711301032760305103032420301010612101100173109110362130533421233043023006023122502401202101217534425322107253952155901441632231210337402510150404131001102035201053325003121301010104010604020110101005201155010210130140120222002012405300110033402454212300422110202032302162230337866569106063304四、企业债券发行情况52--注：平均发行利率为无担保债券发行利率的算术平均值，利差为对应发行利率与同期限581113743333212320000000000000000012983994325766667428559216651333322112222101110111111111101120301031101010101010202041101华英证券有限责任公司0.000.601021101011 东方证券承销保荐有限公司0.003.67 国投证券股份有限公司0.00 华安证券股份有限公司 海通证券股份有限公司0.004.00 五、中期票据发行情况注：总偿还量包括到期、提前兑付、回售；取消规模占比=取注：如果债券存在选择权，期限为选择权之6331注：平均发行利率为同级别债券发行利率的资料来源：Wind，中证鹏元整理资料来源：Wind注：如果债券存在选择权，期限为选择权之84356123456789899856644996666554455222222224411421010300110111001400302120302618020101779539645890132923128665208711552000136264544063645045038060101222224982024103009502120112057221386744722871176232347273863301043100110744300082053100221236521472644775691007310607311123001648022101086295100030378547465670129132887913683120020360051110035453792111141331423427200291466401762211657736910800310054154723425212090110627102110200270037020110015801218364884431455304104736540715433209612925200088433466229044710248901429812113315521109000038101849720108520428946051933768726901309200320201010895020310126203410800910550903173113342647639774591139201787110111011010334265122120203021201131205353202510852010251423001242431269969641386458722176310533252210100070401302113101442113033100101115175422012206271264548334647310100030568127885384026510662670101116320110003056180101735231334932829531523014102571010102310102203500610111033103510016023584221468114420920117523100110011211012121010121301010100110110110102340012291030301021112111222010101202377862260210233713731420900653213396210254504027704329975411271089012484654760500064767659669701466134035201040100010155345673662127234461245533858350120861003590007564298723479332358971176483556400671210171010100093062303572460120675277366962332610325544234170125764326514080091161255523612223266755655411012011083261320221600487532356418525738364124224102540125201223210201214019584750029370469423454122126656012013444676502129200113053116290132325739103120六、短期融资券发行情况注：总偿还量包括到期、提前兑付、回售；取消规模占比=取312注：平均发行利率为同级别主体发行利率的算术平均值，利差为发行利率与同期限资料来源：Wind，中证鹏元整理资料来源：Wind43333512345678959435589855466764499545531996644555555443241223333112222221111101012544217210127412420331401014601124445106964401261275512423970112013858101001502111012101100171215322241112013001100262100254106186151033735111312127321031019732010014265892131100370174282101001232424874340201142111111049010242313339255711423244100101014601016720610220100110133511044421020020410113020101050017201454345222121522232112030611066659541000510233144650842311542524349703462110154013002011003011010012003081047332171010131102212021441073199372163131122121211020110141001113110234001101001637012043334305551406410315236320103245102121010101102101021211011210111102020221933362020010101853031210113201012403904442201400452021135553303020161033335851213220117701820110441010200110106562021122121373232010031063221160410154827347507143911427330113131102101010101102105250023004343002164132953244315114301120260143230178634201306242853130110342220001126801321413077935484333824243660131959512571004536711439111429822498113266521103111220021002101303362078625038623840101015144210111200301120186563225104010210012312014222422101100103021004116144324323571497712462112101133901211140101002237601103658110130121157111035328131010100210011102030350108432460114021004212786015560210143010546664300110155614019675912441201790157100102七、定向工具发行情况注：如果债券存在选择权，期限为选择权之注：如果债券存在选择权，期限为选择权之5212003712345678999975566418855966889955532255223322442244334311222222113510100201544640301253540345015210910222020011101101120101003012023100110102010202225100202231044412302022023306001628300142213101320344360110520101121070194200201110201012512132220210113674230300202230120020141123021101043100210102010101022204302215310101010101010102101010220102010130130412230305201103111641141310012102672301540150341510210160254415216364232002334410300420741190323234951215439041047215330621210524820224634830123021060032525052145772375361125211121113843205363552403501434320201112101140014502130403035320214302022012044104464411212010112115162221049621024310451010005205199714368125861243201174786813101598102020221012207006351110335221410811111302061612001515111022200232101952300240235610500356641001080402533421212132090221120204530408123344522873774811010055001315030073333119473991221181223731421431303444373212300202020523132145111401033001020110103058213012401052135010412042071010681124275004340101012201203033202230303001103003312002400101001101020201013017612110111101501011013010120023211403220420141117213021052511048501820401001341125933350140079576101801712301101832543330106360100193600362501920013253710000321022220000346290002953310129237001100437201000000100200100000423001900000100211000002000000300700700001130000035100000000000724400002076350100000000000000020002430000001142010000006140000100002514110000000000000000405164000040205200000021013300000000000000000010100000000000000000000000010100000000000000000000000000000000000000000000000000000000000000000000000000007322002010820220064619000036018002000000000000000000003022000000000000000000000000000000013120000000000000000000000000000000000001000000000000000000000100000000000000000062371200623712000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001010000000562535000005515350000000000000000000000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