Overseas institutions maintain vibrant presence in bond market
Overseas investors have continued their activity in the Chinese bond market given its comparatively lucrative performance over the past few months and the central regulators' commitment to further opening up.
According to China Central Depository & Clearing, overseas institutions held nearly 1.7 trillion yuan ($240.5 billion) worth of Chinese bonds via CCDC's trust accounts by the end of July, up 3.2 percent from a month earlier. It is the eighth consecutive month that overseas institutions have increased their investment in Chinese bonds.
Latest data from Shanghai Clearing House showed that overseas institutions held more than 317.6 billion yuan of bonds via its trust accounts by the end of July. Overseas institutions have invested more than 2 trillion yuan of bonds since the end of last month.