Overseas institutions increased their holdings of Chinese interbank bonds, official data showed Monday.

By the end of January, bonds in China's interbank market held by overseas institutions reached 4.07 trillion yuan (about 639.29 billion U.S. dollars), said a report released by the People's Bank of China Shanghai Head Office.

The figure showed a rise of 70 billion yuan from the end of December in 2021.

In January, six new overseas institutional investors entered China's interbank bond market, bringing the total to 1,021, the report showed.