In August, Bond Connect Beixiangtong traded 803.9 billion yuan, with an average daily turnover of 38.3 billion yuan

The Zhitong Finance App learned that Bond Connect released the latest data. In August, Bond Connect Beixiangtong's transactions reached 803.9 billion yuan (same below), a decrease of 6.37% from the previous month, for the third consecutive month of decline, up 7.17% year on year; the average daily turnover was 38.3 billion yuan, up 2.68% month on month, up 7.28% year on year.

Among them, policy finance bonds (PFB) and Chinese government bonds are the most traded bond types, accounting for 58% and 22% of the volume, respectively.

In terms of northbound swaps, a total of 906 transactions were traded in August, up 12.27% month-on-month, and an increase of 14.25% year-on-year; the turnover was 543.101 billion yuan, up 10.97% month-on-month, up 29.41% year-on-year. By the end of August, 99 overseas institutions had participated through the Northbound Exchange.