CBPC is the leading bond index provider in the world’s second largest bond market, wholly owned by CCDC* - we grow together with China’s domestic bond market since 2002.
*China Central Depository & Clearing Co., Ltd.
The pre-eminent index series with over 75% market shares, ChinaBond Indices offer you confidence in investing in the domestic bond market of China.
The ChinaBond Indices family offers a comprehensive suite of more than 880 bond indices covering 100 trillions of RMB assets, and comply with the IOSCO principles for financial benchmarks.
Being the only index provider who can access to the ChinaBond Valuation, CBPC brings unique advantages to investors through our precise and conclusive data, and 18 years of historic analytic information for RMB bond investing.
China Central Depository & Clearing Co., Ltd. (CCDC) is a wholly state-owned financial institution approved and established by the State Council of China. As an important national financial market infrastructure (FMI), it provides central registration, depository and settlement services. ... Since its establishment, under the tremendous support of the Chinese regulatory authorities, CCDC started from the centralized depository of China government bond (CGB) and gradually developed into a Central Securities Depository (CSD) for various kinds of financial products.
According to the regulation on government bond management released by the Ministry of Finance (MoF), CCDC is the only general depository for CGB authorized by MOF, responsible for the establishment and operation of the government bond depository system. According to the regulations on bond market management released by the People's Bank of China (PBoC), CCDC is granted as the CSD in the inter-bank bond market as well as the primary depository for commercial bank book-entry government bond transaction. In addition, CCDC is granted by the National Development and Reform Commission (NDRC) as the general depository for corporate bond and the third-party agency for pre-issuance technical assessment of corporate bond. As authorized by the China Banking Regulatory Commission (CBRC), CCDC is responsible for the development and operation of Credit Assets Registration and Exchange System, the Wealth Management Registration System and Trust Registration System, and CCDC is also authorized to undertake market monitoring.
ChinaBond Pricing Center Co., Ltd. (CBPC), a subsidiary wholly owned by China Central Depository & Clearing Co., Ltd. (CCDC), was established in Shanghai in July 2017. Its predecessor is a benchmark formation platform built by CCDC in the past two decades based on its neutrality and expertise as a central securities depository. ... Since the release of the first China Treasury Bond yield curve in 1999, ChinaBond Pricing Data, as widely accepted as benchmarks of the China domestic bond market, has been developed into a pricing system comprising ChinaBond Yield Curves, ChinaBond Valuation, ChinaBond Index, ChinaBond Reference Data, ChinaBond Market Data, ChinaBond Risk & Compliance Products, ChinaBond Desktops and ChinaBond Solution & Advisory Services, reflecting a comprehensive picture of RMB bond market prices and risk profiles.
There are more than 1,100 domestic users of ChinaBond Price Data, covering funds, insurance and securities companies and the majority of Chinese banks. ChinaBond Pricing Data has effectively promoted the fair value valuation of bonds and increased market transparency. It has become an important reference indicator for fiscal and monetary policies, and also a powerful market monitoring tool for regulators. In addition, it effectively assists the implementation of interest rate liberalization, RMB internationalization and other national financial strategies.