BEIJING, Sept.5 (Xinhua) --- Overseas Institutions increased RMB bonds holdings of 66.526 billion yuan in July, an increase for the 17th consecutive month, according to the latest data released by the Central Central Depository & Clearing Co., Ltd. & Shanghai Clearing House.
By the end of July, the RMB bonds held by foreign institutions had exceeded 1.61 trillion yuan.
The treasury bond remains the favorite of overseas insitutions, which added 65.112 billion yuan of holdings in July.
The overseas institutions have showed a growing participation into China’s bond market with a share in China's T-bond market increasing to 7.76 percent in July, 2.7 percentage points bigger than the beginning of 2018. The share they seized in China's bond market also set a record high of 2.24 percent.
Xie Yaxuan, the chief macro analyst from China Merchants Securities, said the rallies in the exchange rate of Chinese yuan to U.S. dollars together with China's stablizing economic fundaments is a big attraction to trading-type foreign investors. (Edited by Jiang Feifan,Niu Huizhe)
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