债券柜台交易的发展历程回顾

Alook back on the evolution of OTC bond trading

本文简要回顾了债券柜台交易自去年在四大国有银行试点运行以来的发展历程。经历了初期短时间的快速增长后,市场陷入了较长时间的停滞,直至今年8月才出现新的转机。和其他投资市场相比,债券柜台交易有着自身的优势,如果给予足够的政策扶持,将会有广阔的发展空间。

This article reviews the one-year pilot operation of OTC bond trading performed within the four large state-owned banks. After experiencing an initial period of short but quick development, the market sunk into a relatively long period of stagnation, and not until August of this year did OTC bond trading resume growth. Relative to other forms of investment, OTC bond trading has its own advantages. Provided with more policy support, OTC bond trading will have a brightfuture.