The Zhitong Finance App learned that Bond Connect released the latest data. In August, Bond Connect Beixiangtong's transactions reached 803.9 billion yuan (same below), a decrease of 6.37% from the previous month, for the third consecutive month of decline, up 7.17% year on year; the average daily turnover was 38.3 billion yuan, up 2.68% month on month, up 7.28% year on year.

Among them, policy finance bonds (PFB) and Chinese government bonds are the most traded bond types, accounting for 58% and 22% of the volume, respectively.

In terms of northbound swaps, a total of 906 transactions were traded in August, up 12.27% month-on-month, and an increase of 14.25% year-on-year; the turnover was 543.101 billion yuan, up 10.97% month-on-month, up 29.41% year-on-year. By the end of August, 99 overseas institutions had participated through the Northbound Exchange.

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