According to the China Bond Information Network on September 19th, based on data disclosed by the People's Bank of China, as of the end of August 2024, overseas institutions held 4.52 trillion yuan in bonds in the interbank market, accounting for approximately 3.1% of the total custody volume in the interbank bond market. In August, 6 new overseas institutions entered the interbank bond market. As of the end of August, a total of 1145 overseas institutions had entered the market. As of the end of August 2024, the total amount of bonds held by overseas institutions in the China Central Depository & Clearing Co., Ltd. was 3.26 trillion yuan, with the specific breakdown as follows: In terms of channels, the custody volume through the "Global Link" channel was 2.45 trillion yuan, while the custody volume through the "Bond Connect" channel was 808.9 billion yuan, with the "Global Link" channel accounting for 75.21%. In terms of bond types, overseas institutions mainly held 2.28 trillion yuan in government bonds, accounting for 70.00%; and held 916.4 billion yuan in policy bank bonds, accounting for 28.09%. In August 2024, the total trading settlement volume of overseas institutions in the China Central Depository & Clearing Co., Ltd. was 1.93 trillion yuan. Among them, the trading settlement volume of the "Global Link" channel for spot transactions was 455.9 billion yuan, and for repurchase transactions was 744.7 billion yuan, totaling 1.20 trillion yuan; while the trading settlement volume of the "Bond Connect" channel for spot transactions was 724.8 billion yuan.