Mainland China Banks Introduce Over-the-Counter Interbank Bond Trading from May 1

Thursday, 29 February 2024, 13:15

Mainland China banks are set to introduce over-the-counter interbank bond trading starting on May 1. The move is aimed at efficiently converting residents’ bank savings into bond investments and stimulating growth in China's substantial $22 trillion bond market. The initiative is expected to enhance liquidity in the bond market and facilitate smoother bond transactions, ultimately contributing to the market's overall development.
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Mainland China Banks Introduce Over-the-Counter Interbank Bond Trading from May 1

Mainland China Banks Introduce Over-the-Counter Interbank Bond Trading from May 1

Mainland China banks are set to introduce over-the-counter interbank bond trading starting on May 1. The move aims to efficiently convert residents’ bank savings into bond investments and help develop the country’s $22 trillion bond market, the central bank says.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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