BEIJING, Sept. 18 (Xinhua) -- Overseas institutional investors held in total 3.18 trillion yuan of bonds on China's interbank bond market by the end of August, reported Xinhua Finance citing data released by the Shanghai Head Office of Chinese central bank on September 15.
Their holdings of China's Treasury bonds (T-bonds) and policy bank bonds were 2.08 trillion yuan and 0.69 trillion yuan, accounting for 65.6 percent and 21.8 percent of the comparable aggregate by the end of August.
Nine more overseas institutional investors entered China's interbank bond market in August and by the end of last month, there were 1,110 overseas institutions trading on the interbank bond market, of which 541 ones accessed the market via China Interbank Bond Market Direct (CIBM Direct) scheme, 811 ones traded via Bond Connect and 242 ones entered through both of the two channels.
In August, overseas institutions contributed about 1.65 trillion yuan of cash bond turnover on China's interbank bond market, with the daily average at about 71.6 billion yuan. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)