Bond Connect Northbound trading volume reached 859.9 billion yuan in February

Jinshi data news on March 18th, Bond Connect Company released the February operation report showing that the Northbound Bond Connect transaction volume reached 859.9 billion RMB in February, with a daily average transaction volume of 45.3 billion RMB. Among them, government bonds and policy financial bonds were the most active, accounting for 43% and 34% of the monthly volume respectively. In terms of remaining maturity, 7-10 year and less than 1 year bonds accounted for the largest proportion of volume, both at 35%. As for the Northbound swap channel, a total of 906 trades were made in February, totaling 457.844 billion RMB, with a total of 77 overseas institutions entering the market.