Overseas institutional investors buy more yuan bonds in February

BEIJING -- Overseas institutional investors bought more Chinese bonds in February, according to data from the China Foreign Exchange Trading System.

Last month, overseas institutional investors bought 523.4 billion yuan ($82.9 billion) in Chinese bonds and sold 507.9 billion yuan, the data showed.

These transactions led to a net purchase of 15.5 billion yuan.

Last month, spot transactions of yuan bonds made by overseas institutional investors totaled 1.03 trillion yuan, down 28 percent from January.