By the end of April 2022, in terms of incorporated entities, 514 overseas investors have registered through CIBM Direct scheme, adding 1 new entity over last month. 749 overseas investors through Bond Connect scheme, adding 1 new entity over last month.

Registered number of overseas investors by the end of April

In April, the cash bond trading turnover of overseas investors amounted to 1020.2 billion yuan[1], an increase of 13% YoY and a decrease of 17% MoM. This amount represented 5% of the total turnover for interbank cash bond market of the same month. The total monthly figure comprised 487.2 billion yuan of bond purchase and 533.0 billion yuan of bond sell, giving a net sell of 45.9 billion yuan. The turnover reached 429.1 billion yuan for CIBM Direct (372.8 billion yuan through agent trade and 56.3 billion yuan through Direct-RFQ service) with net purchase of 1.3 billion yuan, and 591.1 billion yuan for Bond Connect with net sell of 47.2 billion yuan.

In April, overseas investors traded 85.6 billion yuan during extended trading hours, which accounted for 8% of the total turnover of overseas investors.

Bond Type

Bond Tenor

Settlement Cycle

In April, onshore investors mainly traded CNH bonds and others through Southbound Bond Connect.