Milestones

• Daily trading record high at RMB 51bn
• Addition of ePrime offshore underwriters to 27
• 1st Bond Connect investor from Norway (35th jurisdiction)

• Launch of closing order trading service
• Extension of tax exemption for overseas institutional investors till end of 2025

• CGB inclusion into FTSE Index
• Bond Connect investor number topped 3000
• 3rd party FX Registration Service on E-Filing System

• Launch of Southbound
• Go-Live of CNYPlus system
• Addition of MarketAxess as the latest access platform

• Bond Connect 4th Anniversary

• Commencement of registration service for 3rd Party FX

• E-Filing System upgrade to support entity-level filing

• Enabling dealer pay model

• Rollout of Entity Level Filing
• Introduction of FX risk management service

• CDB offshore RMB bond issuance via ePrime.
• Electronic T+N settlement is available via Tradeweb and Bloomberg for Bond Connect Trading.

Bond Connect ePrime launched and facilitated the 1st bond issuance from ADBC.

• Bond Connect trading hour extension to 20:00 (CST).
• Announcement of 3rd Party FX which facilitates investors to face up to 3 Hong Kong FX settlement banks.
• FTSE Russell announces prospective China bonds inclusion in WGBI, subjected to final assessment in Mar 2021 and scheduled to start in Oct 2021.

• Bond Connect celebrates third anniversary. PBoC announces 4 new initiatives: fee reduction, trading hour extension, expansion of trading platforms and primary market service offering enhancements.

Approved Bond Connect investors topped 2000 worldwide.

• Global roll-out of Bond Connect E-Filing System.
• Launch of Defaulted Bond Transfer service.
• Onshore market makers expanded to 56.

Enablement of special settlement cycles beyond T+3 & recycling settlement.

JPMorgan Index inclusion of Chinese securities.

• BCCL welcomes first overseas CSTP data interface user.
• BCCL launches E-Filing Portal.
• Bond Connect introduces List Trading Function.

JPMorgan confirmed China bonds inclusion effective from Feb 2020.

Extension of settlement cycle to T+3 for international investors.

• Bond Connect hosts summit to mark its second anniversary.
• 13 new dealers are added to a total of 47.
• Live streaming of indicative prices is launched.

Number of approved investors reached 1000.

• Bond Connect Backup Trading Procedures are rolled out.
• Maximum number of allocation accounts increased from 30 to 50.

• China bonds start to be included in Bloomberg Barclays Global Aggregate Index.
• NCD primary subscription is available.
• HKMA CMU extended securities settlement and cash input deadlines.

The Central Bank of Ireland (CBI) greenlights Irish UCITS and AIFs to invest via Bond Connect.

BCCL launches Primary Market Information Platform and signs MOU with ADBC.

Bond Connect welcomes Bloomberg as second e-trading platform.

Number of approved investors reached 500.

Tax policies have been further clarified, exempting foreign institutional investors from enterprise income tax and value added tax for their bond investments in China for three years.

Bond Connect won GlobalRMB Award.

• Real-time delivery-versus-payment (DVP) is fully implemented.
• Bond Connect launches block trade allocations.
• Bond Connect won Shanghai Financial Innovation Award 2017.

• Bond Connect celebrates first anniversary.
• 10 new dealers are added to a total of 34.

Bond Connect is successfully launched.

CFETS and HKEX establish Bond Connect Company Limited.