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Global investors make record inflows into China via Bond Connect in July

Bond Connect Co is a joint venture between the China Foreign Exchange Trade System (CFETS) and Hong Kong Exchanges and Clearing Ltd

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Analysts say widening spreads reflect the differing approaches of the US and Chinese central banks

Reuters Shanghai

2 min read Last Updated : Aug 02 2020 | 4:31 PM IST

Foreign investors made record net purchases of Chinese bonds traded through the country's Bond Connect programme in July, boosted by record yield premiums over US debt.

Net inflows into Chinese bonds through Bond Connect, which gives global investors access to the country's onshore bond market through Hong Kong, totalled 75.5 billion yuan ($10.83 billion) in July, Bond Connect Co. said in a statement dated Friday.

Bond Connect Co. is a joint venture between the China Foreign Exchange Trade System (CFETS) and Hong Kong Exchanges and Clearing Ltd.

Total trading volumes stood at 446.9 billion yuan in July, Bond Connect Co.

Topics : global investors Bonds China

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