Foreign holdings of China bonds hit record in May on stronger yuan
Foreign holdings of China bonds hit record in May on stronger yuan

Foreign holdings of China bonds hit record in May on stronger yuan

 

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Foreign investors held a record amount of Chinese yuan bonds at the end of May as strengthening of the currency increased the appeal of yuan-denominated assets.

Holdings by offshore investors of bonds traded in China's interbank market stood at 3.68 trillion yuan ($575 billion) at the end of May, according to data released by China Central Depository & Clearing Co and the Shanghai Clearing House. That was up 1.7 per cent, or 61.47 billion yuan, from the previous month.

Offshore investors held a record 2.12 trillion yuan of Chinese . . .

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