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Economy

Overseas institutions raise holdings of RMB bonds for 19 months but with increase narrow

October 18, 2018


Abstract : Bond balance of overseas institutions under custody in China’s inter-bank bond market reached 1.69 trillion yuan by the end this September, which continued to break historical high, according to data by CCDC and Shanghai Clearing House.

RMB

BEIJING, Oct. 18 (Xinhua) -- Bond balance of overseas institutions under custody in China’s inter-bank bond market reached 1.69 trillion yuan by the end this September, which continued to break historical high, according to data by China Central Depository & Clearing Co., Ltd. (CCDC)  and Shanghai Clearing House.

The monthly increase in holdings was 5.068 billion yuan, a sharp narrowing from the previous months. This is the 19th consecutive month that foreign institutions have increased their holdings of renminbi bonds.

Specifically, bonds of overseas institutions under custody in CCDC and Shanghai Clearing House reached 1.44 trillion yuan and 246.688 billion yuan as of the end of September, respectively.

Overseas institutions have increased their holdings of RMB bonds by 541.6 billion yuan so far since the beginning this year.

732 overseas institutions held domestic bonds under the custody of the CCDC by the end of September, an increase of 114 from the end of 2017. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: RMB-bond

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