China Government Bonds via LST

The following got my attention:

• The People’s Bank of China said in a statement on its website Wednesday that most types of overseas financial institutions will no longer require quotas to invest in the interbank bond market, which accounts for the bulk of debt in the nation.
• Commercial lenders, insurance companies, securities firms and asset managers were included on a list of those eligible and the authority said it also hopes to attract long-term investors such as pension funds and charities.
• Hedge funds were not included, while foreign central banks and sovereign wealth funds won access in June.
• Bonds outstanding in China totaled 48.8 trillion yuan ($7.5 trillion) at the end of December, according to the...
  

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