In the current bond market, small and medium-sized banks are making efforts to "invest in bonds" to expand their scale and increase their income, creating a "hot July" for bonds trading.

In July, the enthusiasm of small and medium-sized banks for issuing bonds reached a new high for the year. According to data from the interbank bond market, in July, the total amount of bond transactions by city and rural commercial banks again exceeded the 17 trillion yuan mark, reaching approximately 17.24 trillion yuan, continuing to lead the total data of large banks and joint-stock banks. Behind this trend is a combination of factors such as insufficient demand for loans, reduction in credit issuance, pressure from large banks, and limited expansion in cross-regional business, which has driven small and medium-sized banks to expand their assets and increase their income through financial investments. Two officials from western city and rural commercial banks told reporters that a significant part of the increase in asset size in the first half of the year, especially in the second quarter, relied heavily on "bond investments."