INTERBANK BOND INDEX WAS LAUNCHED ON JUNE 10 BY NATIONAL INTERBANK FUNDING CENTER

The Interbank Bond Index was launched by the National Interbank Funding Center on June 10, in order to adapt to the rapid development of the interbank bond market and to support OTC government bond transactions introduced by state-owned commercial banks on June 1.

The Interbank Bond Index consists of two indexes, i.e., the Interbank Government Bond Index, reflecting the market benchmark; and the Interbank Composite Bond Index, mirroring the general price trend on the market. Index samples from the Government Bond Index contain only the fixed-rate government bonds circulating on the interbank bond market, while those of the Composite Index cover all kinds of bonds circulating on the interbank bond market, including government bonds, financial bonds and corporate bonds whether fixed-rate or floating-rate.

Not only does the Interbank Bond Index reflect capital gains, accrued interest, and reinvested earnings, it also provides the supervisory authorities with a picture of the bond market situation. Users can browse www.chinamoney.com.cn for the intra-day real-time index chart and K chart.