China opens up interbank bond market

China grants certain foreign institutional investors wider access to the country’s $5.8 trillion interbank bond market in an effort to repair its reformist credentials.

China’s $5.8 trillion interbank bond market is being opened further to foreign institutional investors, offering evidence that the government remains committed to slowly liberalising its capital markets even as a pall is cast over domestic equity markets.

¬ Haymarket Media Limited. All rights reserved.

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