To implement the policies of the Party Central Committee and the State Council for expanding opening-up of the financial sector to the outside world, regulating bond issuances by foreign governmental agencies and international development institutions, and promoting higher level of open-up of China’s bond market, the National Association of Financial Market Institutional Investors(NAFMII)has o...

In order to promote the high-quality development of the panda bond market and promote the high-level opening of the bond market, in accordance with the Administrative Rules on Debt Financing Instruments of Non-Financial Enterprises in the Interbank Bond Market (PBOC Decree [2008] No. 1), the Interim Measures for Administration of the Bond Issuance by Overseas Institutions in the National Inter-...

　　(The English version is used for reference only. Should there be any conflicts between the English version and the Chinese version, the Chinese version shall prevail.)
　　Notice on Launching Pilot Program to Streamline Panda Bond Registration and Issuance Mechanism
　　All market members,
　　For the purposes of further openingup China’s bond market and promoting the sustainable developm...

　　Market participants,
　　The National Association of Financial Market Institutional Investors (“NAFMII”) hereby promulgates the Guidelines on Debt Financing Instruments of Overseas Non-Financial Enterprises (2020) (the “2020 Guidelines”) with a view to fully implementing the policy of the CPC Central Committee and the State Council to expand the open-up of the financial sector in an ac...

　　To implement the policies of the Party Central Committee and the State Council for expanding the opening up of the financial sector and promote higher level of opening-up of China’s bond market, the National Association of Financial Market Institutional Investors (NAFMII) has organized its members to refine and amend the relevant rules on issuances of debt financing instruments by oversea...