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Overseas institutions hold more Chinese interbank bonds in Sept

Xinhua | Updated: 2020-10-12 17:14

A bank staff counts RMB and US dollar notes in a bank in Nantong, Jiangsu province on Aug 6, 2019. [Photo/Sipa]

SHANGHAI - Overseas institutions held more bonds in China's interbank bond market last month, official data showed.

By the end of September, bonds in China's interbank market held by foreign institutions totaled 2.94 trillion yuan ($433.65 billion), said the Shanghai Head Office of the People's Bank of China in its latest report.

The figure showed a rise of 137.46 billion yuan from the end of August, said the report.

Last month, a total of 12 new foreign institutional investors entered the country's interbank bond market, and 870 overseas institutions were in the market at the end of September, the report showed.

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