Foreign yuan bond holdings hit new peak

SHANGHAI: Foreign holdings of Chinese yuan bonds hit fresh highs in June as attractive yield premiums continued to lure investors, official data showed.

Offshore investors held yuan-denominated Chinese bonds worth a total of 2.51 trillion yuan (US$355.9bil) at the end of June, according to Reuters calculations using official data from interbank market clearing houses China Central Depository and Clearing Co and the Shanghai Clearing House.

That was an increase of 3.4% from the previous month and a record high. Foreign investors raised their holdings of Chinese bonds by 14.6% in the first half of 2020, the data showed. — Reuters

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Economists , China , Beijing , global impact ,


Next In Business News

Bezos offers NASA US$2bil in exchange for moon mission contract
Asia Distillates-Gasoil refining margins plunge to over 3-week low
Oil steadies in undersupplied market but coronavirus cases weigh
Coffee prices surge as unusual cold threatens Brazilian production
Markets- Stocks, US$ sluggish, all eyes on Fed meet this week
RHB group exits asset management business in Indonesia
DNeX completes Silterra acquisition
Serba Dinamik nominates Nexia as new external auditor
Strong demand for handformers lifts ES Ceramics' revenue and profit
KLCI falls 10.91 points as regional markets slip

Stories You'll Enjoy