As of the end of December 2024, overseas institutions held 4.16 trillion yuan of bonds in the interbank market.

According to the data disclosed by the central bank, as of the end of December 2024, overseas institutions held 4.16 trillion yuan in bonds in the interbank market, accounting for approximately 2.7% of the total custody volume in the interbank bond market. In December, 7 new overseas institutions entered the interbank bond market. As of the end of December, a total of 1156 overseas institutions have entered the market. As of the end of December 2024, overseas institutions had a total of 2.96 trillion yuan in bonds held by the China Central Depository & Clearing Co., Ltd. The specific breakdown is as follows: In terms of channels, the custody volume through the "Global Connect" channel was 2.27 trillion yuan, while the "Bond Connect" channel had a custody volume of 690.4 billion yuan, with the "Global Connect" channel accounting for 76.68%. Looking at the breakdown by types of bonds, overseas institutions mainly held 2.06 trillion yuan in government bonds, accounting for 69.58%, and held 842.4 billion yuan in policy bank bonds, accounting for 28.46%. In December 2024, the trading settlement volume of overseas institutions in the China Central Depository & Clearing Co., Ltd. was 1.28 trillion yuan. Among them, the trading settlement volume through the "Global Connect" channel for cash transactions was 366.3 billion yuan, and for repurchase transactions was 304.0 billion yuan, totaling 670.3 billion yuan, while the "Bond Connect" channel had a cash transaction settlement volume of 612.6 billion yuan.