BEIJING, Nov. 5 (Xinhua) -- Foreign institutional investors possessed around 3 trillion yuan of bonds in China's interbank bond market by the end of October, reported Xinhua Finance, a financial information platform run by Xinhua News Agency citing data from the People's Bank of China Shanghai Head Office Thursday.
The figure was 54.481 billion yuan more than the comparable data by the end of September and accounted for about 3.0 percent of all the outstanding bonds in interbank bond market.
By products, 57.7 percent or 1.73 trillion yuan of foreign institutional buyers' bond holdings in the interbank market were Treasury bonds and 29.4 percent or 882.82 billion yuan were policy bank bonds.
In October, eight foreign institutional investors entered China's interbank bond market and by the end of last month, there were 878 foreign institutions trading bonds in interbank bond market, with 461 of them entering via direct investment accesses, 597 ones accessing via the Bond Connect and 180 of them entering via both of the two channels.
Their monthly cash bond turnover totaled 545.428 billion yuan, with daily turnover averaged 32.084 billion yuan in October. Foreign institutions purchased 332.812 billion yuan of bonds and sold 212.616 billion yuan of bonds, with the monthly net purchases at 120.195 billion yuan. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
A single purchase
