Overseas institutions bought more in the Chinese bonds market in August despite the yuan's slide during the period, latest data showed.
Transactions by overseas institutional investors totaled 624.1 billion yuan (88.05 billion U.S. dollars), according to the China Foreign Exchange Trading System and National Interbank Funding Center.
The trading volume was up 43 percent from the previous month and climbed 63 percent year on year.
"Global investors bought 347 billion and sold 277.1 billion yuan, leading to a net purchase of 69.9 billion yuan," said the center.
By the end of August 2019, a total of 2,114 overseas participants had entered the Chinese interbank bond market, according to the center.
China's yuan-denominated bonds were added to the Bloomberg Barclays Global Aggregate Index starting April 1, as the world's third-largest bond market is opening up wider.
A total of 356 government and policy bank bonds will be added into the index during a 20-month period. Enditem
