The Chinese finance ministry is seeking to issue around $231.7 billion of bonds in 2011, The Wall Street Journal reports. The government has sold $83.06 billion of securities so far this year.

The government will sell the remaining 55% of its planned issuance in the second half of 2011. The ministry is also planning to sell $25.6 billion worth of debt on behalf of local authorities this year.

Click here for the story from The Wall Street Journal.