Trading is enabled via the Hong Kong-based Bond Connect mechanism, a mutual bond access program launched in 2017, allowing overseas and mainland China investors to trade in each other’s bond markets. The Danish investment bank specialises in fintech.
Institutional investors will have access to 127 China bonds with renminbi as a settlement currency.
The Chinese bond market is among the largest in the world with a size of US$12trn (€10.6) and Chinese bonds are increasingly added to global indices.
Fan Xu, CEO of Greater China, Saxo Bank, said: “Chinese government bonds emerged among the best-performing government bonds of 2018. We are therefore proud to be the first to deliver full digital access to Chinese bonds to help our clients build strong diversified investment portfolios.”
The investment platforms also provide access to China A-shares listed on the Shanghai and Shenzhen stock exchanges.