BEIJING, May 11 (Xinhua) -- Renminbi-denominated bonds held by foreign institutional investors topped 2 trillion yuan by the end of April, showed statistics released by China Central Depository & Clearing Co., Ltd. (CCDC).
They added 43.3 billion yuan of bond holdings in April, the 17th consecutive month of net holdings growth following March when 6.2 billion yuan of net increase was reported.
By the end of last month, foreign institutional investors held 1.39 trillion yuan of book-entry T-bonds and 536.3 billion yuan of policy bank bonds.
In April, their net holdings of T-bonds increased by 51.2 billion yuan, a new high since September 2019 and boosting their total T-bond holdings to account for 8.95 percent of aggregate outstanding T-bonds in China.
They, however, slashed 6.2 billion yuan net policy bank holdings in April.
CCDC, as an important national financial market infrastructure, is only general depository for Chinese government bond and the central securities depository in the inter-bank bond market in China. (Edited by Duan Jing, email@example.com)