According to the information from the Chinese Bond Information Network on October 23, as of the end of September 2024, overseas institutions held 4.39 trillion yuan in bonds in the interbank market, accounting for approximately 2.9% of the total custody volume in the interbank bond market. In September, 7 new overseas institutions entered the interbank bond market, bringing the total number of overseas institutions to 1152 by the end of September. Overseas Business Operations of the Central Clearing Company As of the end of September 2024, overseas institutions had a total of 3.14 trillion yuan in bonds under the custody of the Central Clearing Company, with the breakdown as follows: In terms of channels, the custody volume through the "Global Link" channel was 2.38 trillion yuan, while the "Bond Connect" channel had a custody volume of 761.9 billion yuan, with the "Global Link" channel accounting for 75.73%. In terms of bond types, overseas institutions mainly held 2.17 trillion yuan in government bonds, accounting for 69.15%, and held 905.1 billion yuan in policy bank bonds, accounting for 28.83%. In September 2024, the total trading settlement volume for overseas institutions in the Central Clearing Company was 1.89 trillion yuan. The "Global Link" channel had a settlement volume of 585 billion yuan for spot transactions and 620.6 billion yuan for repurchase transactions, totaling 1.21 trillion yuan; while the "Bond Connect" channel had a settlement volume of 683.1 billion yuan for spot transactions.