As of the end of August, overseas institutions had a total of 3.26 trillion yuan of bonds under custody at the China Central Depository & Clearing Co., Ltd.

date
19/09/2024
avatar
GMT Eight
According to the China Bond Information website on September 19th, based on data disclosed by the People's Bank of China, as of the end of August 2024, overseas institutions held 4.52 trillion yuan of bonds in the interbank market, accounting for about 3.1% of the total custodian amount in the interbank bond market. In August, 6 new overseas institutions entered the interbank bond market. As of the end of August, a total of 1145 overseas institutions have entered the market. As of the end of August 2024, overseas institutions held a total of 3.26 trillion yuan of bonds in the China Central Depository and Clearing Co., Ltd. In terms of channels, the custody amount through the "Global Connect" channel was 2.45 trillion yuan, "Bond Connect" channel custody amount was 808.9 billion yuan, with the "Global Connect" channel accounting for 75.21%. In terms of bond types, overseas institutions mainly held 2.28 trillion yuan of government bonds, accounting for 70.00%; held 916.4 billion yuan of policy bank bonds, accounting for 28.09%. In August 2024, the total trading settlement volume of overseas institutions in the China Central Depository and Clearing Co., Ltd. was 1.93 trillion yuan. Among them, the "Global Connect" channel had a settlement volume of 455.9 billion yuan for spot transactions and 744.7 billion yuan for repurchase transactions, totaling 1.20 trillion yuan; the "Bond Connect" channel had a settlement volume of 724.8 billion yuan for spot transactions.

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