央行上海总部：截至2025年9月末境外机构持有银行间市场债券3.78万亿元

Core Insights - The People's Bank of China (PBOC) Shanghai Headquarters released a report on the interbank bond market for foreign institutions as of September 2025, indicating that foreign institutions held 3.78 trillion yuan in bonds, accounting for approximately 2.2% of the total custody in the interbank bond market [1] Summary by Category Foreign Institution Holdings - As of the end of September 2025, foreign institutions held 2.00 trillion yuan in government bonds, representing 52.9% of their total holdings, 0.86 trillion yuan in interbank certificates of deposit, accounting for 22.8%, 0.77 trillion yuan in policy financial bonds, making up 20.4%, and 0.15 trillion yuan in other types of bonds, which is 3.9% [1] Market Participation - In September, 11 new foreign institutional entities entered the interbank bond market, bringing the total to 1,176 foreign institutions by the end of September. Among these, 612 entered through settlement agent channels, 837 through the "Bond Connect" channel, and 273 utilized both channels [1] Trading Volume - The trading volume of foreign institutions in the interbank bond market was approximately 0.96 trillion yuan in September, with an average daily trading volume of about 41.7 billion yuan [1]