BEIJING (China Daily/ANN): China has taken a major step to integrate its bond markets by launching a connect programme, a move that will improve market efficiency and facilitate foreign investment, experts said on Monday (July 20).
The People's Bank of China, the central bank, said on Sunday that the nation will embark on an infrastructure connection mechanism between the interbank and exchange bond markets, whereby qualified investors from either market will be allowed to trade bonds listed on the other one.
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