Bond Connect Company launches bond repurchase business application services to deepen the connectivity between onshore and offshore markets.

The Bond Connect Company announced that it is further expanding its service scope to support overseas investors in applying for cross-border repurchase agreements and offshore RMB bond repurchase transactions. In addition, the Bond Connect Company has added a repurchase business section on its official website to facilitate market participants in understanding the application process, trading arrangements, and other business information regarding bond repurchase transactions. Through the two repurchase channels, overseas investors can use their onshore bonds as collateral for more flexible and efficient liquidity management and diverse investment needs. This move will further deepen the connectivity between the onshore and offshore markets, promote the internationalization of the RMB, and strengthen the RMB's role as a global investment and financing currency.