Foreign Holdings in China's Yuan Bonds See Slight Decline

Foreign holdings of yuan bonds in China's interbank market decreased to 3.78 trillion yuan at the end of September, down from 3.83 trillion yuan in August, according to China's central bank.

Foreign holdings of yuan-denominated bonds in China's interbank market witnessed a marginal decline, standing at 3.78 trillion yuan ($530.68 billion) by the end of September, according to data released by China's central bank on Wednesday.

This marks a slight decrease from the end of August when foreign holdings reached 3.83 trillion yuan, indicating a potential shift in international investment dynamics regarding Chinese bonds.

The central bank's report comes amid fluctuating global economic conditions, with the exchange rate at approximately 7.1230 Chinese yuan per US dollar during that period.

(With inputs from agencies.)