China Bond Link now live

Clearstream has today launched its China Bond Link to the onshore Chinese interbank bond market. This new link provides international investors with individual quota-free access to this important and growing market, leveraging market simplifications recently brought in by Chinese regulators.

Our link development and launch coincides with the inclusion of the Renminbi (RMB) in the IMF’s Special Drawing Rights (SDR) reserve currency basket – a power reserve currency pool based on now five of the world’s most important currencies.

We are working with customers and together with HSBC Shanghai, our local partner in China, to facilitate the setup of the operational and legal structures necessary for customers to now access, settle and hold onshore assets. We look forward to supporting daily processing with our standard suite of ICSD value-added services, including corporate actions processing and reporting.

This exciting new link development forms part of Clearstream’s wider China Strategy, helping us to turn our vision into reality.