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Serving the high-quality development of the Yangtze River Delta | Bank of Shanghai debuts the Yangtze River Delta-themed bond basket in the market

Serving the high-quality development of the Yangtze River Delta | Bank of Shanghai debuts the Yangtze River Delta-themed bond basket in the market


The Yangtze River Delta urban agglomeration is an important intersection area between the “Belt and Road Initiative” and the Yangtze River Economic Belt. It plays a pivotal strategic role in China’s national modernization construction and opening up pattern. It is an important platform for China to participate in international competition and an important engine for economic and social development.

Originating in Shanghai and deeply involved in the Yangtze River Delta, Bank of Shanghai has always been committed to supporting and serving the sustainable development of the Yangtze River Delta economy and real enterprises. Recently, the Bank of Shanghai launched the market’s first basket of local bonds and credit bonds in the Yangtze River Delta region, taking practical actions to support the high-quality development of bonds in the Yangtze River Delta region.

  First market Yangtze River Delta themed bond basket

As a core inter-bank market maker and a member of the underwriting syndicate of Shanghai Bond, Zhejiang Bond and Jiangsu Bond, the Bank of Shanghai has sufficient reserves of local government bonds of various maturities. Through extensive preliminary research on domestic and foreign investors and its own years of market-making experience, the Bank of Shanghai launched the Yangtze River Delta-themed bond basket on the market, aiming to meet the trading needs of domestic and foreign investors for local bonds and credit bonds in the Yangtze River Delta region, and enhance the Yangtze River Delta region. Regional bond liquidity. Among them, the local government bond basket selects 3 10-year Jiangsu, Zhejiang and Shanghai local government bonds, each with 10 million yuan, and the primary basket transaction volume is 30 million yuan. The credit bond basket selects 4 3-year Jiangsu, Zhejiang, Shanghai and Anhui credit bonds. Each local government bond is worth 10 million yuan, and the transaction volume of the first-hand basket is 40 million yuan.

The inter-bank market and the Chinese economy co-exist and prosper together. On the basis of meeting the investment and financing needs of various market entities, in addition to the continuous expansion of the scale, the functions of the inter-bank market are also becoming more and more abundant, and risks are also arising. The high-quality development of the real economy requires the support of a high-quality interbank market.

The “Shangyin Basket” launched this time,haveAdvantages include excellent quotation capabilities, moderate deadlines, wide service audience, and low purchase threshold.Excellent quotation ability,Relying on the pricing and trading advantages of being deeply involved in the Yangtze River Delta region, the current bilateral quotation spreads of all bond baskets of Bank of Shanghai are within 5bp, aiming to provide market members with the best basket quotations.Moderate term,The duration of the Yangtze River Delta local government bond basket is around 8.2 years, and the duration of the credit bond basket is around 2.3 years, which is in line with the mainstream maturity preferences for investments by multiple types of institutions.The service reaches a wide audience.As a core dealer in the inter-bank bond market and an excellent market maker for the “Northbound Connect”, the Bank of Shanghai actively participates in various product innovations. The basket service audience covers domestic and foreign investors, helping to promote the high-level opening of the RMB bond market to the outside world and providing opportunities for domestic and foreign investment. Provides one-stop market making services.The purchase threshold is low,It only takes a minimum of 30 million yuan to enjoy a first-hand “Shanghai Bank Bond Basket”.

In the era of bond trading 2.0 in the inter-bank market, Bank of Shanghai will continue to fulfill its responsibilities as a market maker, fulfill its original mission of financial services, launch more distinctive bond baskets according to the needs of market investors, and better serve the Yangtze River Delta region high-quality development.



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