ICBC has recently launched 24-hour continuous trading service for OTC bonds, so that individual and corporate customers can invest in book-entry bonds uninterruptedly through Internet banking, mobile banking and other electronic channels in 24 hours each working day. ICBC is currently the only commercial bank providing such trading service.

ICBC conducted the pilot uninterrupted trading when issuing the 11th CDB Financial Bond in 2015. The eight frequently traded 24-hour bonds comprehensively launched by the Bank this time, such as the Ninth Book-entry Interest-bearing T-bond in 2015, the Second CDB Financial Bond in 2015, the 52nd China EXIM Bank Financial Bond in 2014,, expand the coverage and investment group of uninterrupted trading service, and better meet the need of customers to invest in bonds in the non-working hours.

The OTC bond refers to the RMB book-entry bond for investment and trading provided by commercial banks through electronic banking and domestic outlets. The present trading varieties mainly include book-entry T-bonds, bonds of China Development Bank, policy banks, China Railway Corporation, and other institutions supported by the government. As the institution for registration and depository of OTC entry-based T-bonds and so far all other innovative bonds launched, China Central Depository & Clearing Co., Ltd. (CCDC) has actively supported issuing banks and issuers to innovate OTC bonds in recent years, and provided key support for further rapid development of the OTC bonds. As the state-owned financial institution to undertake the function of registration, depository and settlement for T-bonds, financial bonds, corporate bonds, asset-backed securities and other fixed-income securities in China’s inter-bank bond market and commercial banks’ OTC bond market, CCDC has made a significant contribution to using and developing information resources, providing suitable information products for investors, and promoting multi-level development of the market.