Onshore Market Makers

Overseas institutional investors under Northbound Bond Connect shall conduct bond repo transactions in the CIBM with onshore market makers recognized by the PBoC (hereinafter referred to as "Market Makers"). The list of repo market makers for Northbound Bond Connect is as follows:

No.	Chinese Name	English Name
1	中国工商银行股份有限公司	Industrial and Commercial Bank of China Ltd.
2	中国农业银行股份有限公司	Agricultural Bank of China Ltd.
3	中国银行股份有限公司	Bank of China Ltd.
4	中国建设银行股份有限公司	China Construction Bank Corp.
5	交通银行股份有限公司	Bank of Communications Co., Ltd.
6	中信银行股份有限公司	China CITIC Bank Corp., Ltd.
7	招商银行股份有限公司	China Merchants Bank Co., Ltd.
8	上海浦东发展银行股份有限公司	Shanghai Pudong Development Bank Co., Ltd.
9	平安银行股份有限公司	Ping An Bank
10	兴业银行股份有限公司	Industrial Bank Co., Ltd.
11	上海银行股份有限公司	Bank of Shanghai Co., Ltd.
12	中信证券股份有限公司	CITIC Securities Co., Ltd.
13	中国国际金融股份有限公司	China International Capital Corp., Ltd.

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