BEIJING — Cash bond trading in China's interbank bond market rose last month, data from the People's Bank of China showed.

In February, the turnover hit 17.3 trillion yuan (about $2.72 trillion), up 69 percent year-on-year and 8.8 percent month-on-month.

The turnover of cash bond trading on the stock exchange bond market was 2.1 trillion yuan, up 54.3 percent year-on-year and 4.4 percent month-on-month.

Meanwhile, the number of bond trading over the counter of commercial banks reached 122,000, with a turnover of 13.86 billion yuan.