Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Haikou Jiangdong New Area
News for Outlets

Trade volume under Bond Connect program at RMB386.1 bln in June

July 03, 2019


Abstract : Transactions under China’s Bond Connect program reached 386.1 billion yuan with an average daily turnover of 20.3 billion yuan last month, according to data from China Foreign Exchange Trade System (CFETS).

BEIJING, July 3 (Xinhua) — Transactions under China‘s Bond Connect program reached 386.1 billion yuan with an average daily turnover of 20.3 billion yuan last month, according to data from China Foreign Exchange Trade System (CFETS).

In breakdown, policy bank bond accounted for 39 percent of the total trading volume in June to 151.1 billion yuan, while the Negotiable Certificates of Deposits made up 27 percent of the total monthly trading volume to 102.9 billion yuan.

According to CFETS, overall 108 overseas institutional investors entered the interbank bond market through the program in June, and the range of foreign clients expanded to 47 countries and regions around the world.

The program was launched in 2017, enabling overseas investors to invest in the Chinese mainland’s interbank bond market using financial institutions of the Chinese mainland and Hong Kong.

(Edited by Yang Yifan, yangyifan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Bond-Connect

Reading:

China becomes world's second largest bond market

China mulls trading of matured defaulted bonds

Jilin city's ice and snow industry to gain global prominence

China's bond funds report stable performance, likely to hail long-term opportunities in H2

World New Energy Vehicle Congress starts in China's island province

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial