The Federal Reserve accepted bids from three counterparties totaling $626m in its fixed-rate reverse repurchase operation.

U.S. Treasury Department: In the latest biweekly reporting period, foreign investors bought $6.786bn of seven-year Treasuries maturing Aug. 31, 2033, up from $5.242bn in the prior reporting period.

CSI Convertible Bond Index opened 0.09% higher. Hejin Convertible Bond, Haomei Convertible Bond, Zyi Convertible Bond 2, Jushen Convertible Bond and Jincheng Convertible Bond led gains, up 5.50%, 2.86%, 1.81%, 1.72% and 1.62% respectively. Wanxun Convertible Bond, Tianmai Convertible Bond, Daotong Convertible Bond, Outong Convertible Bond and Dazhong Convertible Bond led losses, down 2.40%, 1.34%, 1.29%, 1.20% and 0.99% respectively.