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2015年7月14日,中国人民银行发布《关于境外央行、国际金融组织、主权财富基金运用人民币投资银行间市场有关事宜的通知》(以下简称《通知》),获得境内外高度评价,吹响了债券市场开放的新号角。市场热切期盼中国债券市场进一步开放的措施。中国债市开放的历程回顾中国债券市场的开放历程,大致已经历三个阶段。第一阶段(2005~2009年),债市开放的萌芽阶段。这一时期的主要特点包括:一是境外机构入市跨境投资开
On July 14, 2015, the People’s Bank of China released the Notice on Relevant Issues Concerning the Use of the RMB Investment Banking Market by Foreign Central Banks, International Financial Organizations and Sovereign Wealth Funds (hereinafter referred to as the “Circular”), which was highly praised and sounded at home and abroad The new horn opening up the bond market. The market is eagerly looking forward to the further opening up of China’s bond market. The History of China’s Bond Market Opening-up Reviewing the opening up of China’s bond market has generally gone through three stages. The first phase (2005 ~ 2009), the opening phase of the debt market. The main features of this period include: First, cross-border investment by overseas institutions into the market