SPD BANK(SH:600000) Huan Qiu Wang·2025-09-10 04:55Core Insights - The People's Bank of China has issued a notice to expand the counter bond investment varieties, providing more financing channels for various issuers and facilitating bond investments for residents and institutions, thereby accelerating the development of a multi-level bond market [1] Group 1: Policy and Market Development - The introduction of counter bond business aims to enhance the service for regional financial institutions and support high-quality development of the real economy through innovative and platform empowerment [1] - The counter bond business has been positioned as a key strategy for regional financial institutions, focusing on inclusive finance attributes and tailored strategies for different types of financial institutions [1] Group 2: Product and Service Innovation - SPDB Zhengzhou Branch has developed the "e-tongxing" trading platform, allowing financial institutions to complete the entire online business process with features such as quick account opening and secure trading channels [1] - The bank has created a quantitative pricing engine in collaboration with trading centers, ensuring pricing frequency and accuracy close to secondary market quotes, while waiving all transaction fees for counter bond channels [1] Group 3: Regional Impact and Future Outlook - The successful execution of a 10 million counter bond transaction demonstrates the effectiveness of SPDB Zhengzhou Branch in enhancing the counter bond trading ecosystem in Henan Province [2] - The branch has opened 22 counter bond custody accounts, covering banks, brokerages, and trusts, thereby facilitating the expansion and efficiency of counter bond business in the region [2] - Looking ahead, SPDB Zhengzhou Branch plans to deepen and broaden its counter bond business in the province, strengthening cooperation with various financial institutions to contribute to the construction of a multi-level bond market and support regional economic development [2]