• Notice on the Promulgation and Implementation of the Guidelines on Debt Financing Instruments of Overseas Non-Financial Enterprises (2020) and Relevant Matters
  • Reform and Development of China’s Bond Market (2024)
  • Swap Connect Cleared Derivatives Agreement: A New Choice for Documentation
  • NAFMII Issues Guidelines on Bond Issuance by Foreign Governmental Agency and International Development Institution Issuers
  • NAFMII Issues Guidelines on Debt Financing Instruments of Overseas Non-Financial Enterprises (2023)
  • Notice on Launching a Pilot Program to Refine Bond Pricing and Allocation Mechanism for Overseas Issuers
  • NAFMII and UNDP jointly released the Issue brief on the Pilot of Social and Sustainability Bonds on China’s Inter-Bank Market
  • Notice on Launching Pilot Program to Streamline Panda Bond Registration and Issuance Mechanism
  • NAFMII Launches Pilot Program for Overseas Issuers to Issue Social Bonds and Sustainability Bonds in China
  • NAFMII and ICMA jointly released handbook on financing and investment in China interbank bond market
  • Statistics on Debt Financing Instruments in December 2020
  • NAFMII Disciplinary Actions in2020
  • Strengthen Underwriting Due Diligence Requirements for Non-financial Enterprise Debt Financing Instrument
  • NAFMII Issues Guidelines on Debt Financing Instruments of Overseas Non-Financial Enterprises (2020)
  • NAFMII Issues Guidelines on Bond Issuance by Foreign Governmental Agency and International Development Institution Issuers (for Trial Implementation)
  • NAFMII released Notice on the Trial Implementation of Cash Tender Offer in China's Non-financial Enterprise Debt Financing Instruments Market
  • NAFMII releases the Template for Investor Protection Arrangements in Prospectus of Non-financial Enterprise Debt Financing Instruments
  • NAFMII Issues Detailed Rules for the Administration of Tiered Management of Debt Financing Instruments of Overseas Non-Financial Enterprises
  • Notice on the Promulgation and Implementation of the Detailed Rules for the Administration of Tiered Management of Debt Financing Instruments of Overseas Non-Financial Enterprises
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  • Apr.23, 2025
    Report:The Reform and Development of China's Bond Market 2025

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  • Feb.19, 2025
    Notice on Refining the Mechanism for Green Bond Issuances by Overseas Institutions in the Interbank Bond Market

    All market participants,
      To implement the decisions of the Central Financial Work Conference regarding the promotion of green finance and to advance the high-quality opening-up of the interbank bond market, the National Association of Financial Market Institutional Investors has refined the mechanism for green bond issuances by overseas Institutions in the interbank bond market (hereinafter...

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  • Jul.05, 2024
    Multi-channels of international communication to practice the high-level opening of the market


      Under the guidance of the People's Bank of China, NAFMII has recently launched a series of pragmatic international publicity activities, further promoted the interbank bond market through various channels, effectively promoted the high-level two-way opening of the bond market.
      Deputy Secretary-General Cao Yuanyuan attended the seminars: China Interbank Market- A New Era of Opportunity
    ...

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  • Jul.05, 2024
    NAFMII releases bilingual version of Panda Bond Manuals

    In order to promote the high-level opening up of China’s bond market and promote the internationalization of the RMB, the National Association of Financial Market Institutional Investors (NAFMII), under the guidance of the People’s Bank of China, actively promotes the issuance of bonds by overseas institutions in China’s interbank bond market(referred to as "Panda Bonds"). In order to furthe...

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  • Jun.24, 2024
    Deputy Secretary-General Cao Yuanyuan Meets with ISDA CEO Scott O’Malia

    Deputy Secretary-General Cao Yuanyuan Meets with ISDA CEO Scott O’Malia, who visited NAFMII on the morning of Jun 12.
      During the meeting, Dr.Cao first extended her warm welcome to Mr. Scott O’Malia. Dr.Cao said ISDA and NAFMII have kept close communication and cooperation for a long time. With the opening up of China's financial market, NAFMII has always held a positive and open attitude ...

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