Group 1 - The total amount of Chinese bonds held by foreign institutions has increased by nearly 200 billion RMB since the beginning of the year, indicating a positive outlook on RMB assets following tariff events [1] - As of the end of May, foreign institutions held a total of 4.4 trillion RMB in Chinese bonds, which is nearly four times the amount before the Bond Connect was launched [1] - The Northbound trading volume has exceeded 5.5 trillion RMB this year, with over 1.2 million transactions in the swap market [1] Group 2 - The People's Bank of China announced three new measures to optimize the Bond Connect, including improving the Southbound trading mechanism, optimizing offshore repurchase business arrangements, and enhancing the swap market mechanism [1] - The central bank is actively researching further measures to promote the opening of the bond market, including enhancing connectivity between domestic and foreign financial markets and establishing a one-stop account opening platform for foreign investors [2] - Efforts are being made to enrich the offshore RMB financial market product system to improve market liquidity and promote a virtuous cycle between onshore and offshore RMB markets [2]
人民银行江会芬:境外机构在关税事件后普遍看好人民币资产
Xin Hua Cai Jing·2025-07-08 12:53