截至2026年4月底,以法人为统计口径,631家境外机构投资者通过结算代理模式入市,本月新增1家;842家境外机构投资者通过债券通模式入市,本月新增3家。
By the end of April 2026, in terms of incorporated entities, 631 overseas investors have registered through CIBM Direct scheme, adding 1 new entity over last month. 842 overseas investors through Bond Connect scheme, adding 3 new entities over last month.
截至4月底境外机构入市情况
Registered number of overseas investors by the end of April
4月,境外机构投资者共达成现券交易16048亿元1,同比减少8%、环比减少16%,交易量占同期现券市场总成交量的约4%。4月,境外机构投资者买入债券8727亿元,卖出债券7320亿元,净买入1407亿元。其中,通过结算代理模式达成6200亿元(代理交易5525亿元、直接交易675亿元),净买入943亿元;通过债券通模式达成9848亿元,净买入464亿元。
In April, the cash bond trading turnover of overseas investors amounted to 1604.8 billion yuan, with decrease of 8% YoY and of 16% MoM. This amount represented about 4% of the total turnover for interbank cash bond market of the same month. The total monthly figure comprised 872.7 billion yuan of bond purchase and 732.0 billion yuan of bond sell, giving a net purchase of 140.7 billion yuan. The turnover reached 620.0 billion yuan for CIBM Direct (552.5 billion yuan through agent trade and 67.5 billion yuan through Direct-RFQ Service(SCI)) with net purchase of 94.3 billion yuan, and 984.8 billion yuan for Bond Connect with net purchase of 46.4 billion yuan.
4月,境外机构投资者在延长时段共成交2071亿元,占同期境外机构交易量的约13%。
In April, overseas investors traded 207.1 billion yuan during extended trading hours, which accounted for 13% of the total turnover of overseas investors.
4月境外机构投资债券类型分布
(Bond Type)
4月境外机构投资债券待偿期分布
(Bond Tenor)
4月境外机构现券交易结算周期分布
(Settlement Cycle)
由于进位原因,各项数字加总或与总计数字略有出入。
Due to rounding, some totals may not correspond with the sum of the separate figures.
南向通方面,4月境内机构持续投资交易境外债券,主要为离岸人民币债、美元债等。
In April, onshore investors mainly traded CNH bonds, USD bonds and others through Southbound Bond Connect.
2026年4月,“北向互换通”共达成交易828笔、4401.26亿元,累计入市境外机构96家。
In April, 828 transactions were traded through the Northbound Swap Connect, with volume of 440.126 billion yuan. By the end of April, 96 overseas institutions participated under Northbound Swap Connect.
