China Central Depository & Clearing Co., Ltd. (CCDC)Exhibition L1
China Central Depository & Clearing Co., Ltd. (CCDC) is a CSD approved by the State Council and a core FMI in China. It provides issuance, registration, depository, settlement, principal and interest payment, collateral management and information services for multiple types of bonds.
CCDC, as a core direct financing platform, supports annual issuance of over RMB 10 trn. The annual settlement amount is over RMB 1000 trn and bonds under depository record nearly RMB 44 trn, about 80% of the market total.
With the opening-up, CCDC has become a leading service provider in China's Interbank Bond Market. It facilitates market access and now holds over 500 foreign investor accounts. Collateral management and pricing products have been expanded to support various cross-border operations.
As a FMI, CCDC boasts strong credit profile with its strong capital position, stable cash flow, asset segregation, DVP settlement and PFMI observance.
Products on Show
CCDC provides life-cycle service for bond securities, including but not limited to issuance, registration, depository, settlement, principal and interest payment, enterprise bond assessment, information disclosure, bond valuation and collateral management.