Foreigners cut Chinese bond holdings for sixth straight month
FILE PHOTO: An employee counts Chinese 100 yuan banknotes at a branch of China Merchants Bank in Hefei, Anhui province June 21, 2013. REUTERS/Stringer
SHANGHAI : Foreign investors cut holdings of Chinese bonds for a sixth consecutive month in July, official data showed on Monday.
Foreign holdings of yuan bonds traded on China's interbank market stand at 3.51 trln yuan ($520 billion) at the end of July, the central bank's Shanghai office said on Monday.
This compared to 3.57 trillion yuan a month earlier, according to official data.
Source: Reuters
