China's Bond Connect market sees active trading in February
China's Bond Connect program continued to see vibrant activity in February, data released by Bond Connect Co., Ltd. showed.
The monthly trading volume under the program reached 540.1 billion yuan (about 85.3 billion U.S. dollars), with the average daily turnover at 33.8 billion yuan.
The program saw a total of 6,282 trade tickets last month, the data showed.
Chinese government bonds and policy financial bonds were investors' major focus, accounting for 50 percent and 38 percent of monthly trading volume, respectively.
By the end of February, Bond Connect had 3,370 approved investors, according to the data.
The Bond Connect program, launched in July 2017, is a mutual market-access scheme that allows overseas investors to invest in the Chinese mainland's interbank bond market.
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