Home
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
New thinking needed in tackling our water issues
Is beauty to be found in ‘ugly’ attractions?
Sunday
- Subscribe
China bond holdings by foreigners rise
Print Edition
Overseas investors raised their holdings of Chinese bonds for the 27th month in a row in February despite a narrowing spread between Chinese government bonds and their foreign counterparts.
Overseas investors held a total of 3.15 trillion yuan (US$486.4 billion) of Chinese bonds by the end of February, rising 3.13 percent from a month earlier, data from China Central Depository & Clearing Co showed.
Market transactions were also robust, with trading volumes among foreign investors amounting to 671.8 billion yuan last month.
With a strong rebound in the fourth quarter, China’s economy expanded 2.3 percent in 2020, becoming the only major economy to achieve positive growth in the pandemic-ravaged year.
Although the yield of foreign long-term government bonds had seen a notable rise since late January, the narrowing spread had not yet incurred visible impacts on foreign purchase of Chinese bonds.
Data from financial service provider Wind showed as of March 2, the spread between Chinese 10-year government bonds and their US counterparts came in at 183 basis points, narrowing from the 249 basis points seen in November last year.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
