Bank of China facilitated a treasury bond futures transaction for a Singapore-based asset management institution on May 28, becoming one of the first custodian banks to execute such trades for Qualified Foreign Investors (QFI). This transaction has fully demonstrated BOC's professional expertise in serving overseas institutional investors and represents another powerful practice in supporting the high-level opening-up of China's capital markets, enhancing its international competitiveness.

Recently, the China Securities Regulatory Commission announced that QFI institutions are permitted to participate in treasury bond futures trading, marking a crucial step in the opening-up of China's bond market. This initiative further diversifies the interest rate risk management tools available to overseas institutional investors, enhancing the attractiveness and stability of RMB-denominated bond assets.

During the implementation of this business, BOC acted as both the QFI custodian and futures margin depository bank, while its subsidiary BOC International Futures Limited served as the futures broker, providing a one-stop financial service solution covering registration, account application, and application for treasury bond futures hedging quotas, thereby enabling the successful market entry of the overseas investment institution.

As the first Chinese bank to conduct cross-border custodian business, BOC has leveraged its global network to build a service system characterized by "full-chain enablement and round-the-clock coverage", consistently maintaining its leading position in the cross-border custodian sector.

To date, BOC has served more than 170 QFI institutions entering China's capital market, ranking first among Chinese-funded banks in inbound custodian assets under management.

Over the past two years, BOC has ranked first in the number of new QFI clients, becoming the preferred bank for global investors allocating RMB assets.

BOC will continue to serve as a key player in cross-border financial services, continuously optimize its business model, and provide high-quality, efficient, secure, and stable cross-border custodian services to both domestic and international investors, thereby making greater contributions to the high-level opening-up of the financial markets.