截至2026年5月底，以法人为统计口径，633家境外机构投资者通过结算代理模式入市，本月新增2家；842家境外机构投资者通过债券通模式入市，本月新增2家。
By the end of May2026,in terms of incorporated entities,633overseas investors have registered through CIBM Direct scheme,adding2new entities over last month.842overseas investors through Bond Connect scheme,adding2new entities over last month.
截至5月底境外机构入市情况
Registered number of overseas investors by the end of May
5月，境外机构投资者共达成现券交易14048亿元1，同比减少5%、环比减少12%，交易量占同期现券市场总成交量的约4%。5月，境外机构投资者买入债券7813亿元，卖出债券6235亿元，净买入1578亿元。其中，通过结算代理模式达成5116亿元(代理交易4782亿元、直接交易334亿元)，净买入1170亿元；通过债券通模式达成8931亿元，净买入408亿元。
In May,the cash bond trading turnover of overseas investors amounted to1404.8billion yuan,with decrease of5%YoY and of12%MoM.This amount represented about4%of the total turnover for interbank cash bond market of the same month.The total monthly figure comprised781.3billion yuan of bond purchase and623.5billion yuan of bond sell,giving a net purchase of157.8billion yuan.The turnover reached511.6billion yuan for CIBM Direct(478.2billion yuan through agent trade and33.4billion yuan through Direct-RFQ service)with net purchase of117.0billion yuan,and893.1billion yuan for Bond Connect with net purchase of40.8billion yuan.
5月，境外机构投资者在延长时段共成交1805亿元，占同期境外机构交易量的约13%。
In May,overseas investors traded180.5billion yuan during extended trading hours,which accounted for13%of the total turnover of overseas investors.
5月境外机构投资债券类型分布
(Bond Type)
5月境外机构投资债券待偿期分布
(Bond Tenor)
5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，5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 May,onshore investors mainly traded CNH bonds,USD bonds and others through Southbound Bond Connect.
2026年5月，“北向互换通”共达成交易899笔、5098.66亿元，累计入市境外机构97家。
In May,899transactions were traded through the Northbound Swap Connect,with volume of509.866billion yuan.By the end of May,97overseas institutions participated under Northbound Swap Connect.
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