Photo taken on March 13, 2018 shows the headquarters of the People's Bank of China. (Xinhua/Cai Yang)
BEIJING, Nov. 5 (Xinhua) -- The number of foreign institutional investors that have conducted bond transactions in China interbank bond market (CIBM) reached 1,000 ones by the end of October, reported Xinhua Finance Thursday.
The report citing data from the Shanghai Head Office of the People's Bank of China said that foreign institutions entered via CIBM Direct scheme, Bond Connect and both of the two channels numbered 499, 713 and 212 ones respectively.
By the end of October, foreign institutional investors held in total 3.85 trillion yuan of bonds on the interbank bond market, accounting for 3.4 percent of the bonds under custody on the market.
By products, they held 2.30 trillion yuan of T-bonds and 1.08 trillion yuan of policy bank bonds, making up 59.8 percent and 28.1 percent of their total bond holdings on the interbank bond market.
Statistics showed that foreign institutions contributed around 750 billion yuan cash bond turnover to the interbank bond market in October, which averaged about 44.0 billion yuan per day. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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