TSF Rebounds From April in May, But Down From May 2014

Reuters: China's May bank loans, money supply quicken as c.bank eases policy

Total social financing (TSF), a broader measure of overall liquidity in the economy, picked up to 1.22 trillion yuan in May from 1.05 trillion yuan in April - led by a rise in bankers' acceptances and corporate bonds.

New yuan loans accounted for 74 percent of the TSF in May, corporate bonds 13 percent and bankers' acceptances 8 percent, the data showed.