• Subscribe Us
    • A
    AA
    AAA
image

E-Filing

ePrime

ePrime

image

Settlement Failure

image

Flash Report

image

Contact Us

Flash Report

ResourceResource

Bond Connect Flash Report - August 2025

22 September 2025

Highlights of the Month

  • Northbound Bond Connect: The monthly trading volume for August was RMB 750.1 billion, and the monthly average daily turnover stood at RMB 35.7 billion. Chinese government bond and policy financial bond were the most popular bond types, accounting for 38% and 41% of the trading volume respectively.
  • Northbound Swap Connect: 793 transactions were traded in August 2025, with volume of RMB 419.681 billion. By the end of August, 82 overseas institutions were onboarded under Northbound Swap Connect.
  • ePrime Issuance Service successfully facilitated 20 issuances with total issue size of RMB 25.153 billion equivalent in August. Participating underwriters of this month, listed in alphabetical order, included ABC International, Bank of China, China CITIC Bank International, China Galaxy International, China International Capital Corporation, China Securities International, CITIC Securities, CNCB Capital, Guotai Junan International, Haitong International, Huatai International, Industrial Bank Co., Ltd. Hong Kong Branch, Orient Securities (Hong Kong), Shanghai Pudong Development Bank Hong Kong Branch, and TF International.
  • On 28 August, BCCL was invited to attend and serve as a keynote speaker at the “Bond Underwriting and Distribution” event hosted by Comstar in Guiyang, Guizhou. The event brought together representatives from prominent institutions, including China Foreign Exchange Trade System, BCCL, Bank of Shanghai, Shunde Rural Commercial Bank, as well as representatives from numerous banks and securities companies. The event delved into topics including the primary bond issuance processes, cross-border subscription innovations, the development of underwriting systems, and practical institutional experiences from an underwriters’ perspective.
  • PMIP disclosed the pre- and post-issuance information of 98 primary bonds in August.

Northbound Bond Connect Investors and Trading Data






© 2025 Bond Connect Company Limited. All rights reserved.
Disclaimer:
The information contained in this document is for general informational purposes only and does not constitute an offer, solicitation, invitation or recommendation to buy or sell any securities or to provide any investment advice or service of any kind. This document is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject any of Bond Connect Company Limited ("BCCL") and/or its affiliates to any registration requirement within such jurisdiction or country.
No section or clause in this document may be regarded as creating any obligation on BCCL and/or its affiliates. Rights and obligations with regard to the trading and settlement of any securities effected on the CFETS, including through the Bond Connect, shall be set out solely in the applicable rules of the Entities, as well as the applicable laws, rules and regulations of Mainland of China and Hong Kong in effect from time to time.
Although the information contained in this document is obtained or compiled from sources believed to be reliable, BCCL and/or its affiliates assume no responsibility or liability for any errors, omissions or other inaccuracies in the information or for the consequences thereof. **It should not be used as a substitute for investment, accounting, tax, legal or other professional advice. If you are in any doubt about the contents of this document, you should seek independent professional advice.**BCCL and/or its affiliates assume no responsibility or liability for any cost, expense, loss or damage, directly or indirectly, howsoever caused, of any kind, arising from the use of or reliance upon any information provided in this document, or in the presentation given.
**Forward-looking statements: This document may contain forward-looking statements, including but not limited to projections, estimates, forecasts, and opinions. These statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. BCCL and/or its affiliates do not undertake any obligation to update these statements in light of new information or future events. **