According to the data recently released by the People's Bank of China, in 2025, the turnover of treasury bond bond futures market will reach 97.0 trillion yuan, an increase of 43.9% over 2024. By the end of 2025, the position of treasury bond futures was 648000, an increase of 30.4% over the end of 2024; The main contract of 10-year treasury bond bond futures closed at 107.9 yuan, down 1.0% from the end of 2024. In terms of the bond market, by 2025, the net financing of government bonds will reach 13.8 trillion yuan, an increase of 2.5 trillion yuan compared to 2024; The net financing of corporate bonds was 2.4 trillion yuan, an increase of 482.3 billion yuan from 2024. As of the end of 2025, the bond market custody balance is 19.67 trillion yuan. By the end of 2025, the trust balance of overseas institutions in China's bond market will be 3.5 trillion yuan, accounting for 1.8% of the trust balance in China's bond market. By 2025, a total of 183.06 billion yuan of Panda bonds will be issued, and 56 new overseas institutions will enter the interbank bond market. (New Society)