Foreigners Were Net Buyers Of Yuan Bonds In October - Cls.cn

There were net purchases of domestic yuan bonds by foreign investors in October, reported financial news agency Cls.cn citing a source close to the State Administration of Foreign Exchange. China’s bond market has not endured the volatility witnessed in large global bond markets, with the 10-year China Government Bond yield fluctuating within a narrow range, which underscored its attractiveness to foreign investors, the source said. There was potential for increased foreign investment in yuan bonds given the prospect of economic recovery and the opening up of China's financial market, the source said.