ChinaBond Pricing Center Co., Ltd （中债金融估值中心有限公司）
ChinaBond Pricing Center Co., Ltd., a wholly-owned subsidiary of China Central Depository & Clearing Co., Ltd. (CCDC), is a benchmark pricing platform built by CCDC in the past decade based on its neutrality and professionalism as a central securities depository. It was established in Shanghai in July 2017.
Since the release of China's first RMB government bond yield curve in 1999 by CCDC, ChinaBond Pricing Data, the authoritative pricing benchmark of the Chinese bond market produced and maintained by ChinaBond Pricing Center, has developed to eight data categories including ChinaBond Yield Curve, ChinaBond Valuation, ChinaBond Index, ChinaBond VaR, ChinaBond Implied Market Rating, ChinaBond Statistics, ChinaBond SPPI and ChinaBond Debt Management Tool, fully reflecting the price and risk level of the RMB bond market. There are more than 1,000 domestic users of ChinaBond Pricing Data, covering all funds, insurance and securities companies, as well as more than 90 percent of banks.
ChinaBond Pricing Data has efficiently promoted the fair value pricing of bonds and market transparency. It has become an important reference indicator for fiscal and monetary policies, and also a powerful market monitoring tool for regulators. In addition, it effectively assists the implementation of interest rate liberalization, RMB internationalization and other national financial strategies.