Foreign holdings of Chinese bonds rise for 27th month

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(Xin Hua Net)

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 (about 486.4 billion U.S. dollars) of Chinese bonds by the end of February, rising 3.13 percent from a month earlier, data from China Central Depository & Clearing Co. Ltd. showed.

Market transactions were also robust, with trading volumes among foreign investors amounting to 671.8 billion yuan last month.

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