Debt market set to further liberalize

Global demand rising for bonds on better yields and stable currency

Rising foreign investment in China's vast domestic bond market may prompt policymakers to consider further opening-up in the onshore market to realize greater capital inflows.

Foreign holdings of Chinese bonds in the interbank market surged to 1.15 trillion yuan ($179.95 billion) by the end of April, an increase of 49.34 percent from a year earlier and 18.4 percent from December, according to data from China Central Depository and Clearing Co Ltd.