[People's Bank of China Shanghai Headquarters: As of the end of September, foreign institutions held 3.19 trillion yuan in inter-bank market bonds] On October 20, the Shanghai Headquarters of the People's Bank of China released a briefing on foreign institutions' investment in the inter-bank bond market in September 2026. As of the end of September 2026, foreign institutions held 3.19 trillion yuan of bonds in the interbank market, accounting for approximately 1.7% of the total custody volume of the interbank bond market. In terms of types of bonds, foreign institutions held 2.04 trillion yuan in government bonds, accounting for 63.9%, 0.71 trillion yuan in policy financial bonds, accounting for 22.3%, 0.29 trillion yuan in interbank certificates of deposit, accounting for 9.1%, and 0.15 trillion yuan in other types of bonds, accounting for 4.7%. In September, six new foreign institutional entities entered the interbank bond market. As of the end of September, a total of 1,209 overseas institutional entities had entered the market, of which 643 entered the market through settlement agency channels, 848 entered the market through the "Bond Connect" channel, and 282 entered the market through both channels at the same time. In September, the spot trading volume of foreign institutions in the inter-bank bond market was approximately 1.18 trillion yuan, and the average daily trading volume was approximately 53.7 billion yuan.