Industry insiders: Expanding the scope of bond repurchase business is a milestone in the high-level opening up of the bond market.

Industry experts have stated that as the scale of overseas institutional investors holding debt continues to expand, the demand for liquidity management through bond repurchase is growing. China is responding to the needs of overseas institutions by further opening up the bond repurchase business, marking an important milestone in the high-level opening of the Chinese bond market. "This announcement supports various types of overseas institutional investors to conduct bond repurchase transactions in the Chinese bond market," industry experts said. As the degree of financial market opening to the outside world continues to deepen, the demand for liquidity management through bond repurchase is also growing among overseas institutional investors other than overseas sovereign institutions and two other types of institutions.