A few days ago, under the guidance of Dalian Branch of the People's Bank of China, Dalian Branch of Bank of China successfully promoted a local corporate financial institution in our city to purchase 20 million yuan of over-the-counter treasury bonds through electronic trading platform, which marked the first local corporate financial institution in our city to invest in over-the-counter bond business, laid a good foundation for small and medium-sized financial institutions in Dalian to broaden financing channels and optimize asset allocation, and also played a good demonstration role in promoting the expansion of over-the-counter bond business and promoting the high-quality development of the bond market.
In February this year, the People's Bank of China issued the Notice on Matters Concerning Over-the-Counter Business in the Inter-bank Bond Market, which simplified the access process of over-the-counter credit bonds and allowed members of the inter-bank bond market to enter the over-the-counter bond market for transactions without approval, pointing out the direction for the development of the market. Bank of China Dalian Branch responded positively, strengthened communication and exchanges between French and human financial institutions, and provided customers with full-process facilitation services such as bond custody account opening, inquiry, transaction and monitoring.
Bank of China Dalian Branch actively implements the relevant work requirements of Dalian Branch and Head Office of the People's Bank of China on over-the-counter bonds, fully promotes the development of over-the-counter bond business, and actively publicizes the product characteristics of over-the-counter bond subscription and sales convenience, no handling fee and ready to be sold to financial institutions, enterprises and individual investors. The number and transaction volume of over-the-counter bond investors have steadily increased. This time, the first over-the-counter bond business of local corporate financial institutions in Dalian has landed. Under the guidance of Dalian Branch and Head Office of the People's Bank of China, the bank will continue to strengthen the publicity of over-the-counter bond business, fully promote the development of over-the-counter bond business, actively expand the group of human financial institutions in France, and contribute to the high-quality development of over-the-counter bond market in our city.