China Bond Yield Curves: Government, Policy Bank & Credit

Get China's official closing bond yield curves as clean JSON, straight from the China Foreign Exchange Trade System (中国外汇交易中心, CFETS, chinamoney.com.cn), the PBOC's interbank market platform. No login, no Chinese needed.

• 75 curves: China government bonds (CGB), PBOC bills, policy bank bonds (China Development Bank, Export-Import Bank, Agricultural Development Bank), local government bonds, interbank NCDs, short and medium-term notes, enterprise bonds, commercial bank bonds and Tier 2 capital bonds, ABS and more, by credit rating from AAA+ to B
• The whole curve: yield to maturity, spot (zero-coupon) yield and forward yield, from 1 week up to 30 or 50 years
• Key tenors as columns: 3M, 6M, 1Y, 2Y, 3Y, 5Y, 7Y, 10Y, 15Y, 20Y, 30Y and 50Y, ready for a spreadsheet
• English names for every curve, plus the rating as its own field

Use cases

• Rates and macro research: the 10-year CGB yield, curve slope and the term structure of China's bond market.
• Credit analysis: credit spreads by rating (AAA vs AA corporate notes, Tier 2 vs senior bank bonds, NCDs by rating).
• Valuation and risk: discount curves for CNY cash flows and fixed-income pricing models.
• Dashboards: schedule a daily run after 17:00 China time with Only new days on and build your own time series.

Example input

Latest curves for all 75 curve types:

{}

Government, China Development Bank and AAA note curves for the last month:

{
  "curves": ["CYCC000", "CYCC021", "CYCC82B"],
  "dateFrom": "2026-10-01"
}

Curves can be given by code (CYCC000) or Chinese name (国债, 同业存单(AAA)). Common codes: CYCC000 government bonds, CYCC021 China Development Bank, CYCC84A local government (AAA), CYCC41B interbank NCDs (AAA), CYCC82B short and medium-term notes (AAA), CYCC862 bank Tier 2 capital bonds (AAA-).

Output

{
  "type": "yieldCurve",
  "date": "2026-10-29",
  "curve": "CYCC000",
  "curveName": "国债",
  "curveNameEnglish": "China government bonds",
  "rating": null,
  "y3M": 1.1534,
  "y1Y": 1.1643,
  "y2Y": 1.221,
  "y5Y": 1.328,
  "y10Y": 1.623,
  "y30Y": 2.047,
  "y50Y": 2.178,
  "yieldToMaturity": { "1M": 0.9886, "3M": 1.1534, "1Y": 1.1643, "10Y": 1.623, "...": "every tenor" },
  "spotYield": { "1M": 0.9886, "1Y": 1.1643, "10Y": 1.6396, "...": "every tenor" },
  "forwardYield": { "1Y": 1.2784, "10Y": 2.2597, "...": "every tenor" },
  "unit": "%"
}

• Yields are in percent, as CFETS publishes them, for each business day's close.
• yieldToMaturity, spotYield and forwardYield hold every tenor the curve has (1-year steps, plus 1W, 2W, 1M, 2M, 3M, 6M and 9M). Curves that stop at 15 years leave the longer key tenors empty.

Pricing

$0.001 per curve (one curve type on one day, with all its tenors). These prices apply from 14 November 2026. The latest day for all 75 curves costs under $0.08; a month of the government curve about $0.02.

Notes and limits

• About one month of history. CFETS only publishes the last month of curves, so this Actor returns the latest day or any range within that month. Schedule a daily run to keep a longer history.
• Official figures as published; this Actor does not calculate any yields.
• Only public data is collected.

Related

• China CNY Fixing, Shibor & LPR Rates: the CNY fixing, Shibor and the Loan Prime Rate from the same source.
• Shanghai Gold Exchange Prices and China Shipping & Freight Indexes.

中文说明

中国外汇交易中心 75 条收盘收益率曲线：国债、政策性金融债、地方政府债、同业存单、中短期票据、企业债、商业银行债等（按评级），含到期、即期和远期收益率，期限 1 周到 50 年。按结果计费，可在 Apify 上直接运行或通过 API 调用，也可设置定时任务。有问题或需要新字段，请在 Issues 页面留言（中文、英文均可）。

Feedback

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