Foreign holdings of China's onshore yuan bonds decreased for the second consecutive month in October, official data showed on Friday.

Foreign institutions held 4.25 trillion yuan ($588.17 billion) in bonds traded on China's interbank market as of the end of October, the central bank's Shanghai head office said, down from 4.39 trillion yuan a month earlier.

($1 = 7.2258 Chinese yuan renminbi)

(Reporting by Shanghai Newsroom; Editing by Susan Fenton)