上海清算所举办标准债券远期业务交流会

Core Insights - The Shanghai Clearing House and the Agricultural Development Bank of China held a conference to promote standard bond forward business, emphasizing the importance of this financial instrument in managing interest rate risks and enhancing price discovery [1][2] - The standard bond forward is an innovative interest rate derivative in the interbank market, covering key maturities of 2 to 10 years, and has seen significant growth in trading volume since 2025, surpassing 3 trillion yuan, reflecting a more than threefold increase year-on-year [2] Group 1 - The conference provided a professional platform for market participants to exchange ideas and strategies regarding the use of standard bond forwards, with participation from 33 underwriting institutions [1] - The Agricultural Development Bank expressed strong support for the development of standard bond forward business, aiming to enhance the interaction between the primary and secondary markets for agricultural development bonds [1][2] - The Shanghai Clearing House plans to continue strengthening strategic collaboration with market participants to advance the construction of the RMB interest rate derivatives market [2]