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托管效率的提升和风险的防控永无止境,我国债券托管还有很长的路要走。债券市场的健康高效运行,离不开前后台的协调配合,如果把债券的发行流通比作前台,那债券的托管就是保证债市正常运转的后台。在我国债券市场发展初期,托管系统的缺失使债券的发行流通产生了一系列的问题。随着债券市场化发行方式的不断探索,我国债券托管系统应运而生,并在债券市场的发展中发挥着越来越重要的作用。
Escrow efficiency and risk prevention and control never-ending, China’s bond custody is still a long way to go. The healthy and efficient operation of the bond market can not be separated from the coordination and cooperation between the front and the backstage. If the issuance and circulation of bonds are compared to the foreground, then the custody of the bond is the backstage for guaranteeing the normal operation of the bond market. In the initial stage of the development of China’s bond market, the lack of custody system caused a series of problems in the circulation of bonds. With the continual exploration of bond market-oriented distribution, China’s bond custody system came into being and plays an increasingly important role in the development of bond market.