Bond Connect Company Limited

Review of 2024 at BCCL – Innovating and Partnering for the Future Throughout 2024, BCCL has worked hand in hand with market participants, continuously striving to optimize our services and earning the trust and support of domestic and overseas issuers, investors, and other market players. During the year, Bond Connect reached new heights in trading volume, with a total transaction amount of RMB 10.4 trillion, marking a year-on-year increase of 4%, as of 30 December 2024. Discover our achievements in Swap Connect, primary market services, and market promotion, along with major updates like our office relocation and service fee adjustments, please click below to read our full annual review report. As the year comes to an end and a new one approaches, we warmly wish you and your family a Happy New Year, filled with prosperity and good health! Check out the applicable disclaimer on our website: https://lnkd.in/gSftzKCw

BCCL Wishes You and Your Family a Joyous Christmas and a Prosperous New Year!

Bond Connect Flash Report – November 2024 Monthly recap at BCCL – During November 2024, we traveled to Australia to understand local investors' pain points and preferences when investing in China, aiming to enhance the attractiveness of China’s bond market. During the trip, BCCL participated in an event “Integrating China-Australia Economic Trade, Facilitating Capital Flows” held by Bank of China Sydney Branch and Bank of China (Hong Kong) as a panelist to share the latest updates of Bond Connect. On 24 November, BCCL hosted its first in-person event at the new office, the “ePrime Issuance Service 2024 Networking Event”. The gathering included various offshore underwriters, where BCCL shared key milestones of ePrime in 2024 and exchanged opinions and insights to foster development of cross-border business. Learn more about our monthly Flash Report and the applicable disclaimer for posts on LinkedIn, please refer to our company website: https://lnkd.in/gVGE_q-g

Bond Connect Flash Report – November 2024 In November 2024, ePrime Issuance Service successfully facilitated 23 issuances with total issue size of RMB 16.044 billion equivalent in November. Participating underwriters of this month, listed in alphabetical order, included Bank of China, China CITIC Bank International, China Industrial Securities International, China International Capital Corporation, China Securities International, CITIC Securities, CNCB Capital, Guotai Junan International, Haitong International, ICBC International, Orient Securities (Hong Kong), and TF International. ePrime Northbound Subscription Service facilitated offshore investors’ cross-border subscription of China Development Bank’s (“CDB”) 7-day Reference Rate Reset DR Floating Rate Bonds on 21 November, with an issuance amount of RMB 3 billion each on the 10 and 5-year bonds. The seamless connectivity between ePrime and iDeal (the Bond Issuance, Underwriting and Distribution system of CFETS) allowed Bank of Communications (Hong Kong) to successfully complete their online subscription, encompassing order placement and allocation. Before the issuance, BCCL was invited by CDB to participate in "CDB’s DR Floating Rate Bonds Promotional Event" on 18 November. BCCL introduced initiatives for facilitating cross-border subscription including the latest achievements of PMIP, ePrime Issuance and Northbound Subscription services, as well as the key areas of development in promoting connectivity. Learn more about our monthly Flash Report and the applicable disclaimer for posts on LinkedIn, please refer to our company website: https://lnkd.in/gVGE_q-g

Bond Connect Flash Report – November 2024  Northbound Bond Connect: The monthly trading volume for November was RMB 718.3 billion, with the monthly average daily turnover of RMB 34.2 billion. Policy financial bond and Chinese government bond were the most active bond types, accounting for 46% and 36% of the monthly trading volume respectively. Northbound Swap Connect: 610 transactions were traded in November, with volume of RMB 382.586 billion. By the end of November, 71 overseas institutions were onboarded under Northbound Swap Connect. PMIP disclosed the pre- and post-issuance information of 102 primary bonds in November, including policy financial bonds and financial bonds. Learn more about our monthly Flash Report and the applicable disclaimer for posts on LinkedIn, please refer to our company website:  https://lnkd.in/gVGE_q-g

Over the past year, ePrime Issuance Service has seen remarkable expansion, all thanks to our supportive users and the offshore issuance community. In 2024 alone, we facilitated 100+ offshore issuances with a total amount of over RMB 100 billion equivalent. This recognition is a true testament to the trust and commitment of our users.   Huge thanks to everyone who joined our ePrime networking event on 21 Nov 2024. We also extend a heartfelt thank you to our users for their trust and partnership, propelling the success of ePrime Issuance Service in 2024 and beyond. Your support has been incredible. We look forward to hosting more events at this venue, fostering greater collaboration and networking opportunities.   Stay tuned for more updates and upcoming events. Subscribe to us now: https://lnkd.in/g-icFkjh Check out the full article and the applicable disclaimer on our website: https://lnkd.in/gMdNQrk9   #BondConnect #BCCL #ChinaBond #ePrime

Bond Connect Company Limited Will Lower Its Service Fees by 60%, Further Enhancing the Efficiency of the Connectivity Mechanism To further reduce the transaction costs for Bond Connect overseas investors, effectively enhance the sense of gain for market participants, promote Bond Connect investments, and continuously improve market service levels, Bond Connect Company Limited will further reduce its service fees. Effective from January 1, 2025, the service fees will be adjusted as follows: for transactions with a remaining tenor of less than or equal to one year, the service fee will be reduced from 0.0015% of the face value to 0.0006%; for transactions with a remaining tenor of more than one year, the service fee will be reduced from 0.0030% of the face value to 0.0012%. For more details and the applicable disclaimer for posts on LinkedIn, please refer to our company website: https://lnkd.in/gG9fK8Xw #BondConnect #BCCL #ChinaBond

ePrime Northbound Subscription Service facilitated offshore investors’ cross-border subscription of China Development Bank’s (“CDB”) 7-day Reference Rate Reset DR Floating Rate Bonds on 21 November 2024. Under the guidance of the People's Bank of China (“PBOC”), CDB successfully issued the first medium-to-long-term floating rate bonds based on the reference rate of DR007, with an issuance amount of RMB 3 billion each on the 10 and 5-year bonds. The seamless connectivity between ePrime and iDeal (the Bond Issuance, Underwriting and Distribution system of CFETS) allowed Bank of Communications (Hong Kong) to successfully complete their online subscription, encompassing order placement and allocation.   Check out the full article and the applicable disclaimer on our website: https://lnkd.in/g4D5Xd2y   #BondConnect #BCCL #ChinaBond #ePrime

Bond Connect Flash Report for October 2024 - Northbound Bond Connect: The monthly trading volume for October was RMB 675.6 billion, with the monthly average daily turnover of RMB 35.6 billion. Policy financial bond was the most active bond type, accounting for 46% of the monthly trading volume. - Northbound Swap Connect: 608 transactions were traded in October, with volume of RMB 349.828 billion. By the end of October, 69 overseas institutions were onboarded under Northbound Swap Connect. - ePrime Issuance Service successfully facilitated 16 issuances with total issue size of RMB 29.174 billion equivalent in October, including People’s Government of Hainan Province’s issuance of 3-, 5- and 10-year offshore RMB local government bonds totaling RMB 3 billion on 17 October. Participating underwriters of this month, listed in alphabetical order, included Agricultural Bank of China Limited Hong Kong Branch, Bank of China, China CITIC Bank International, China Industrial Securities International, China International Capital Corporation, China Securities International, CITIC Securities, CMB International, Guotai Junan International, Industrial Bank Co., Ltd. Hong Kong Branch, Orient Securities (Hong Kong), and Shanghai Pudong Development Bank Hong Kong Branch. - In the middle of October, BCCL ran a roadshow in the UK to promote the latest initiatives for two-way opening of China’s financial market and gather market feedback. As part of the initiative, BCCL jointly held an event with China Construction Bank, CITIC Securities and Tradeweb, themed “Navigating China Macro Outlook, RMB Investments and Green Bond Market” in London to share the latest developments of China’s bond market and green bond, and discuss latest investment opportunities and strategies amid recent policy support in China. BCCL also participated as a panelist in the event “China Financial Market Forum”, hosted by Bank of China London Branch, to share the latest updates to connectivity including Bond Connect and Swap Connect. - From 21 to 25 October, BCCL joined SIBOS 2024 in Beijing and “Workshop on the Bund: Investing in China’s Bond Market” event hosted by CFETS, engaging with financial institutions from around the globe to discuss and share insights on market development and China market access. - PMIP disclosed the pre- and post-issuance information of 68 primary bonds in October. Stay tuned for more updates and upcoming events. Subscribe to us now: https://lnkd.in/g-icFkjh Regarding the applicable disclaimer for posts on LinkedIn, please refer to our company website: https://lnkd.in/gThkEKU5 #BondConnect #BCCL #ChinaBond #FlashReport

On 15 October 2024, Bond Connect Company Limited in collaboration with China Construction Bank, CITIC Securities and Tradeweb host an event themed “Navigating China Macro Outlook, RMB Investments and Green Bond Market” in London. The event attracted over 100 representatives from London-based banks, securities firms, and asset management companies. Participates from CFETS, NAFMII, LSEG, CBI, Amundi, Industrial Bank, J.P. Morgan Asset Management, Shanghai Pudong Development Bank, and Pictet Asset Management delivered keynote presentations and featured in panel discussions offering insights into China's macroeconomy, bond market and green bonds. Check out the event summary and applicable disclaimer on our website: https://lnkd.in/ggB7qmyx #BCCL #BondConnect #Chinamacroeconomy #RMB #Greenbond