Bond Connect Flash Report - February 2024

15 March 2024

Highlights of the Month

In February, the monthly trading volume was RMB 677.5 billion, and the monthly average daily turnover stood at RMB 37.6 billion. Chinese government bond was the most popular bond type, accounting for 64% of the trading volume.
ePrime Issuance Service successfully facilitated 3 issuances with total issue size of RMB 2.6 billion equivalent in February. Participating underwriters, listed in alphabetical order, included BOC International, China Industrial Securities International, China International Capital Corporation, China Securities International, CMB Wing Lung Bank.
BCCL joined Bloomberg’s networking event “China Bonds in the Growing Asset Management and Family Office Sector” as a speaker, discussing opportunities and challenges of investing China bonds and the latest updates of Bond Connect Scheme.
To further augment stakeholders’ access to the China Interbank Market’s information via BCCL website, a survey on demands for information was launched to collect market insights and opinions.
PMIP disclosed the pre- and post-issuance information of 41 primary bonds in February, including financial bonds and policy financial bonds.

Northbound Investors and Trading Data

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