Bond Connect Northbound trading volume reached 872.6 billion yuan in January

Jinshi Data News on February 19th, Bond Connect Company released its January operation report on February 19th, showing that the northbound trading volume of Bond Connect reached 872.6 billion yuan in January, with a daily average trading volume of 45.9 billion yuan. Among them, trading of government bonds and policy financial bonds was the most active, accounting for 34% and 44% of the monthly volume, respectively. In terms of maturity, the 7-10 year and less than 1 year bonds accounted for the largest proportion of volume, at 34% and 31% respectively. As for the northbound swap channel, there were a total of 790 transactions in January, totaling 459.003 billion yuan, with a cumulative of 76 overseas institutions entering the market.