PBoC accelerates offshore bond market expansion
Yuan is attractive diversifier amid trade and political tensions, deputy governor says
The People’s Bank of China is accelerating the development of the offshore yuan bond market in Hong Kong, deputy governor Zou Lan said on September 25.
Zou told the inaugural Fixed Income and Currency Forum 2025 in Hong Kong that, amid growing trade and geopolitical tensions, China’s bond markets had become more attractive in recent years from a diversification perspective. He said the country planned to issue more bonds.
Zou also said the PBoC would support foreign institutions conducting
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