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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 organized its members to formulate the Guidelines on Bond Issuance by Foreign Governmental Agency and International Development Institution Issuers (for Trial Implementation) in accordance with the Interim Measures for Administration of the Bond Issuance by Overseas Institutions in the National Inter-bank Bond Market (PBOC and MOF Notice [2018] No.16) and NAFMII’s related self-regulatory rules. Adopted by the Eighteenth Conference of the Fifth Governing Council of NAFMII, and approved by the People’s Bank of China, the Guideline is hereby released and takes effect as of the date of such release.
Annex:
Guidelines on Bond Issuance by Foreign Governmental Agency and International Development Institution Issuers (for Trial Implementation)
National Association of Financial Market Institutional Investors
December 25, 2020
(The English version is used for reference only. Should there be any conflicts between the English version and the original text in Chinese, the Chinese version shall prevail.)
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