Overview of Overseas Investment in the Interbank Bond Market in March 2021

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Publishing date: 2021-04-06 15:52:03

By the end of March 2021, in terms of incorporated entities, 474 overseas investors have registered through CIBM Direct scheme and 643 overseas investors through Bond Connect scheme, adding 5 and 4 new entities respectively over last month.


Registered number of overseas investors by the end of March


In March, the cash bond trading turnover of overseas investors amounted to 1080.3 billion yuan[1], up by 61% MoM, which represented 3% of the total turnover for interbank cash bond market. The total monthly figure comprised 565.8 billion yuan of bond purchase and 514.4billion yuan of bond sell, giving a net purchase of 51.4 billion yuan. The turnover reached 510.0 billion yuan for CIBM Direct (489.2 billion yuan through agent trade and 20.8 billion yuan through Direct-RFQ service) with net purchase of 0.3 billion yuan, and 570.3 billion yuan for Bond Connect with net purchase of 51.1 billion yuan.


In March, overseas investors traded100.9 billion yuan during extended trading hours, which accounted for 9% of the total turnover of overseas investors.


Bond Type


Bond Tenor


Settlement Cycle


[1]Due to rounding, some totals may not correspond with the sum of the separate figures.