BEIJING, Sept. 14 (Xinhua) -- Overseas institutions raised their holdings on China's bond market in July, with their gross bond holdings up to 4.5 trillion yuan by July 31, reported Securities Daily citing data released by the Chinese central bank recently.
By the end of July, overseas institutions had been adding their bond holdings on China's market for 11 consecutive months and their aggregate holdings accounted for 2.7 percent of the total outstanding bonds in China.
Their holdings on the interbank bond market stood at 4.46 trillion yuan, including 2.24 trillion yuan of T-bonds, 1.09 trillion yuan of interbank certificates of deposit (CDs), 0.96 trillion yuan of policy bank bonds, etc.
China's outstanding bonds mounted up to 166.3 trillion yuan by the end of July, of which 145.7 trillion yuan of bonds were under custody on interbank bond market and 20.6 trillion yuan of bonds were under custody on exchange bond market.
In July, about 6.64 trillion yuan of new bonds were issued on China's bond market. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)