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Total Bond Trading Vol. of Northbound Trading of Bond Connect RMB5.5T+ During Yr
Jiang Huifen, Deputy Director-General of the Financial Market Department at the People’s Bank of China (PBOC), said that foreign investors continued to participate in the bon...
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Total Bond Trading Vol. of Northbound Trading of Bond Connect RMB5.5T+ During Yr
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Jiang Huifen, Deputy Director-General of the Financial Market Department at the People’s Bank of China (PBOC), said that foreign investors continued to participate in the bond market, with active trading activity. The total trading volume of the Northbound trading of Bond Connect has exceeded RMB5.5 trillion YTD.

As of the end of May, the Swap Connect recorded over 12,000 transactions in total, with a total notional principal of about RMB6.88 trillion. On a monthly basis, the average daily notional principal grew significantly, rising from a daily average of approximately RMB3 billion in the first month of the launch to a daily average of approximately RMB20 billion in May 2025.

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