Pan Gongsheng: Optimize the operation mechanism of the bond connection to the south and extend the settlement time

On January 13, Pan Gongsheng, Governor of the People's Bank of China, delivered a speech at the opening ceremony of the Asian Financial Forum, saying that he supports Bond Connect bonds as qualified collateral for Hong Kong financial marekt. In the early stage, we have announced that we support overseas institutions to use Bond Connect bonds to pay swap deposits, and this business will be officially launched today. In the future, we will support Bond Connect bonds as qualified collateral to be more widely used in Hong Kong financial marekt. Optimize the operation mechanism of Bond Connect South, support domestic investors to purchase multi-currency bonds more conveniently, and extend the settlement time. In the future, we will also expand the scope of investors in an orderly manner and add more custodian banks.