Workflow
央行副行长陆磊:9月末已有1176家境外机构进入境内债券市场
Xin Hua Cai Jing·2025-11-04 03:00

Core Viewpoint - The People's Bank of China is actively supporting the development of Hong Kong as an international financial center, focusing on enhancing market connectivity and building the offshore RMB market [1][2]. Group 1: Financial Market Connectivity - The People's Bank of China is deepening financial market connectivity between the mainland and Hong Kong, responding to market demands by optimizing mechanisms such as Bond Connect, Cross-Border Wealth Management Connect, and Swap Connect [1]. - In 2023, the bank has supported various foreign institutional investors in conducting bond repurchase transactions in the mainland and launched offshore bond repurchase business in Hong Kong using Bond Connect bonds as collateral [1]. Group 2: Offshore RMB Market Development - The People's Bank of China is actively supporting the construction of the offshore RMB market in Hong Kong, facilitating services such as account opening, cross-border payments, and credit reporting [1]. - As of the end of September, 1,176 foreign institutions have entered the domestic bond market, covering 80 countries and regions, with a total bond holding scale of 3.8 trillion yuan [2]. Group 3: Financial Services Statistics - By the end of July, 164,600 individual investors participated in the Cross-Border Wealth Management Connect business, with a total remittance amount of 120.9 billion yuan [2]. - As of the end of August, Swap Connect has recorded over 15,000 transactions, with a total nominal principal amount of approximately 8.15 trillion yuan [2].