Latest Search
Quote
Back Zoom + Zoom - | |
'Southbound Connect' Enables New USD, EUR Bond Deals from Tdy
Recommend 1 Positive 3 Negative 0 |
|
China Foreign Exchange Trade System and National Interbank Funding Centre said that the trading services of USD and EUR bonds cleared through Shanghai Clearing House will be added to the "Southbound Connect", with effect from today (14th). At the same time, the "T+1" trading hours of the "Southbound Connect" cleared through Shanghai Clearing House will be extended to 4:30 p.m., while the cut-off time for other trading services will remain intact. The Governor of the People's Bank of China (PBOC), Pan Gongsheng, said at the Asian Financial Forum yesterday (13th) that the "Bond Connect" mechanism will be optimized to support domestic investors to purchase multi-currency bonds more conveniently and extend the settlement time, and the scope of Qualified Domestic Institutional Investor (QDII) will be expanded in an orderly manner. AAStocks Financial News |
|