MNI BRIEF: Canada Business Closure Rate Highest Since Pandemic

MNI CNB WATCH: More Easing, But Tight Policy Still Needed

MNI China Daily Summary: Thursday, September 26

MNI BRIEF: China GDP Growth Likely 4.8% In Q3 - BOC

EZ/UK Bond Supply Calendar: 5/5/10-Year BTPs / CCTeu Due Friday

US EIA:NAT GAS STORAGE +47 BCF TO 3,492 BCF SEP 20 WK

MNI: US NAR AUG PENDING HOME SALES INDEX 70.6 V 70.2 IN JUL

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: Foreign Bond Holdings Up In August

CHINA PRESS
EM BulletFixed Income BulletsPolicy NewsAPACEM Policy NewsChinaEmerging Market NewsEM BriefBulletBriefGlobalStoryForeign Exchange BulletsRegionMarkets

International institutions held CNY4.52 trillion of bonds in China’s interbank market at the end of August, up CNY1.34 trillion during the past 12 months, data from the PBOC showed. In terms of bond type, foreign institutions held CNY2.28 trillion of government bonds, CNY1.12 trillion of interbank deposit certificates, and about CNY950 billion of policy bonds. Wu Chaoming, vice president at the Finance and Credit Research Institute, said RMB bonds' low correlation with developed and emerging market debt yields allowed foreign investors to diversify and hedge.

85 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

International institutions held CNY4.52 trillion of bonds in China’s interbank market at the end of August, up CNY1.34 trillion during the past 12 months, data from the PBOC showed. In terms of bond type, foreign institutions held CNY2.28 trillion of government bonds, CNY1.12 trillion of interbank deposit certificates, and about CNY950 billion of policy bonds. Wu Chaoming, vice president at the Finance and Credit Research Institute, said RMB bonds' low correlation with developed and emerging market debt yields allowed foreign investors to diversify and hedge.