In June, Bond Connect traded RMB 864.9 billion, and was the most active in policy financial bonds and treasury bond transactions

The Zhitong Finance App learned that Bond Connect released a report saying that in June 2026, Bond Connect Northbound traded 864.9 billion yuan, with an average monthly daily turnover of 41.2 billion yuan. Policy financial bonds and treasury bonds are the most active, accounting for 56% and 23% of monthly trading volume, respectively. In June 2026, the Northbound Exchange reached a total of 1,280 transactions, totaling 754.8112 billion yuan, and a total of 98 overseas institutions entered the market.

In June, the ePrime bond issuance system helped complete the issuance of 5 overseas bonds, with a total issuance volume of 6.845 billion yuan. This month's participating underwriters are listed alphabetically by English name: Bank of China Hong Kong Branch, Xingzheng International, CITIC Construction Investment International, CITIC Securities, China Merchants Wing Lung Bank, CITIC Capital, Cathay Pacific Junan International, Haitong International, Huatai International, and Tianfeng International.

On June 17, 2026, China Merchants Bank London Branch successfully subscribed for a 5-year panda bond issued by Barclays Bank Limited through the ePrime cross-border subscription service. This issue is the 2026 second issue of panda bonds issued by Barclays Bank Limited in the Chinese interbank bond market. The issuance scale is 5 billion yuan, including 3- and 5-year terms (including redemption options), with coupon interest rates of 1.73% and 1.98%, respectively. In this subscription, ePrime is interconnected with the China Foreign Exchange Trading Center Bond Issuance and Distribution System (iDeal) to help China Merchants Bank London Branch complete the order placement, distribution and final subscription in an online mode. This move not only reflects the growing maturity of the cross-border interconnection of this financial infrastructure, but is also another successful example of the Chinese bond market in the context of high-quality two-way opening up.

On June 12, Bond Connect was invited by the Macau Treasury Markets Association to co-host its seminar in Macau. At the event, Bond Connect summarized practical measures and past experiences in supporting the development of the modern financial industry in Macau and promoting the Hong Kong and Macau offshore RMB market. At the same time, the participants were briefed in detail on the development trends of the Hong Kong Tier 1 bond market and the two-way interconnection mechanism of Bond Connect, focusing on dismantling the ePrime issuance service system and using a special system to simulate practical aspects of the cross-border bond business.

In June, “New Bond Information Connect” published a total of 68 bond issuance information and issuance results.

Northbound Market Access and Tier 2 Transaction Status of Bond Connect