Chinese corporate bond sales have reached their lowest point in two months, which is the weakest performance since 2021.

In September and October, domestic issuers sold 2.51 trillion yuan ($352 billion) in bonds, showing an 8.4% decrease compared to the same period last year.

This decline is due to companies facing higher borrowing costs and uncertainties surrounding the government's stimulus plans.

The current numbers indicate the lowest bond issuance for this period in three years, highlighting the cautious approach taken by firms in response to fluctuating economic conditions.