BEIJING, Aug. 13 (Xinhua Silk Road) -- China Foreign Exchange Trade System (CFETS) facilitated on Wednesday China Development Bank's first market-making support operation of its bonds issued through Shanghai Clearing House (SHCH), reported Xinhua Finance.
Driven by demands from market makers, China Development Bank (CDB) sold 300 million yuan of a 3-year outstanding bond product that it issued on SHCH in 2025 in the operation to better support its SHCH bonds market-making.
In recent years, efforts have been made by CFETS and CDB to optimize the market-making support mechanism for CDB's SHCH bonds, resulting in further improvement in efficiency of market-making and liquidity.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
A single purchase
