Statistics

China ups holding of Japanese debt

(Agencies)
Updated: 2010-12-08 11:07
Large Medium Small

China bought a net 262.5 billion yen ($3.1 billion) of Japanese bonds in October, the first time in three months the nation increased holdings of yen-denominated assets, Bloomberg reported on Dec 8.

Related readings:
China ups holding of Japanese debt China sells Japanese bonds for second month in a row
China ups holding of Japanese debt China faces choice between 'bad and worse'
China ups holding of Japanese debt China expands holdings of South Korean bonds
China ups holding of Japanese debt Japanese bonds not bad assets

China purchased a net 231.9 billion yen in short-term Japanese debt and 30.6 billion yen in long-term bonds, Bloomberg citied the Japan's Ministry of Finance.

The yen was the biggest gainer versus the dollar and euro this year among the world's most-traded major currencies, according to Bloomberg.