China's interbank bond insurance scores big gains in Jan

China's interbank bond insurance surged 89.75% over the same period of 2007 to reach RMB 127.6 billion (US$17.84 billion) in January, the People's Bank of China (PBOC) said in a report on Tuesday. The big increase was significantly contributed by the financial bonds issued by policy banks, which reached RMB 96.9 billion.