上交所发布关于支持境外机构投资者开展上海证券交易所债券回购业务有关事项的通知

Core Viewpoint - The Shanghai Stock Exchange (SSE) has issued a notification to support foreign institutional investors in conducting bond repurchase transactions, effective immediately, as part of efforts to deepen the opening of the bond market to foreign entities [1]. Group 1: Notification Details - The notification allows eligible foreign institutional investors to engage in bond repurchase transactions on the SSE, including pledged repo agreements and tri-party repos, as well as reverse repos in the general pledged repo business [1]. - The SSE and China Securities Depository and Clearing Corporation (CSDC) may adjust the scope of bond repurchase activities available to foreign institutional investors based on market development needs [1]. Group 2: Participation Requirements - Foreign institutional investors must comply with relevant laws, regulations, and SSE rules when participating in bond repurchase transactions [2]. - Transactions must be conducted through qualified domestic securities firms, and foreign investors are required to sign necessary agreements before engaging in various types of repurchase transactions [2]. Group 3: Compliance and Risk Management - Trading participants must diligently manage the activities of foreign institutional investors and report any potential violations to the SSE [3]. - Settlement participants are responsible for managing settlement risks associated with foreign investors' bond repurchase transactions and must report any risks to the CSDC [3].