Some reflections on accelerating the inter-bank bond market development In order to further develop the inter-bank bond market, under the guidance of the central government and the State Council, the PBC will deepen the reform with the priority in financial product innovation by following the principles of market economy and relying on the initiatives of market participants.
Meanwhile, the PBC will also coordinate the development of product innovation and the market growth within the market capacity, foster the market infrastructure construction, and advance the development of the inter-bank bond market and the whole financial market. First, focusing on financial product innovation and further expanding direct financing channels.