关于发展跨境人民币债券ETF产品的思考

Thoughts on developing cross-border RMB bond ETF products

发展跨境人民币债券ETF，有利于满足境外投资者投资中国境内债券市场的需求，丰富境外人民币投资产品，拓宽境外人民币回流渠道。该文在参考债券ETF产品特点和一般运作原理的基础上，分析跨境人民币债券ETF产品的现状、市场需求，探讨了其发行运作机制和各参与主体的业务重点，并就境内银行间市场进一步完善对跨境人民币债券ETF产品服务提出相关建议。

The development of cross-border RMB bond ETF could help meet foreign investors＇ demand for investing in China＇s bond market, enrich CNH investment products and expand CNH inflow channel. By referencing the features and general principles of bond ETF products, the article analyzes the current state and market demand for cross-border RMB bond ETF products, discusses the issue mechanism and core business of each participant, and makes suggestions on further improving cross-border RMB bond ETF businesses and services in China＇s interbank market.