China’s central bank and top securities regulator approved a new set of rules designed to further connect the country’s two bond markets by establishing a mechanism that allows investors from one to trade on the other, Caixin Global reported.
The measures for connecting the interbank and exchange bond markets mark the latest move in the nation’s years-long push to unify its fragmented $20 trillion bond markets, whose different rules have added to the red tape for traders, the report added.
Read the full report: Caixin Global.
ALSO READ:
Eastspring Survey Shows Bullish Appetite for China Bonds
Some China Bond Fund Losses Top 20% Amid Real Estate Crisis
China Bond Yields Fall as Central Bank Flags More Easing
