事关中国债券市场！三部门发文力挺

Core Viewpoint - The People's Bank of China, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange jointly announced support for foreign institutional investors to engage in bond repurchase transactions in the Chinese bond market, enhancing liquidity management and promoting high-level opening of the market [1] Group 1: Announcement Details - The announcement allows all foreign institutional investors in the interbank bond market to participate in bond repurchase transactions, including those entering through direct market access and the "Bond Connect" channel [1] - Bond repurchase is a widely used liquidity management tool internationally, facilitating short-term financing among financial institutions using bonds as collateral [1] Group 2: Market Implications - Supporting foreign institutional investors in bond repurchase activities is expected to meet market demand and enhance the attractiveness of RMB-denominated bond assets [1] - This initiative is also seen as beneficial for consolidating and enhancing Hong Kong's status as an international financial center, aiding the coordinated development of onshore and offshore RMB markets [1]