The English full name of CIBM is China International Bond Market (CIBM). This financial market plays a crucial role in China's economic development and global financial integration.
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Definition & Purpose
CIBM refers to China's interbank bond market, which allows foreign investors to trade bonds denominated in RMB. It promotes internationalization of the yuan and provides diversified investment opportunities. -
Key Features
- Open to qualified foreign institutional investors (QFIIs, RQFIIs, and direct access participants).
- Supports trading of government bonds, policy bank bonds, and corporate debt.
- Facilitates cross-border capital flows under regulated frameworks.
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Significance
CIBM enhances China's financial market accessibility, strengthens RMB liquidity, and fosters global investor confidence in Chinese assets.
Understanding CIBM helps investors navigate China's evolving bond landscape and capitalize on its growth potential.