Bond Connect Sets New Record for Monthly Trading Volume
Monthly trading volume of Northbound Bond Connect reached a new record high of RMB 823.9 billion, with monthly average daily turnover rising to RMB 37.5 billion. Chinese government bonds and policy financial bonds remained as the most popular bond types, accounting for 49% and 41% of the trading volume respectively. In terms of tenor, 7-10Y (41%) and 0-1Y (36%) are most popular.more