Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

China MOF to Test ‘When-Issued’ Trading of Government Bonds

China’s finance ministry said it will begin a trial allowing investors to trade government bonds before they are sold to help develop the market.

The Ministry of Finance said the so-called when-issued trading can start four working days before the auction date and end one day ahead of the actual sale, according to a statement on its website. It didn’t say when the program will kick off. The system will “facilitate the healthy development of the government bond market,” it said.

When-issued trading allows governments to gauge demand for securities before proceeding with the issuance. Japan started such a system in 2004 after the first failure of a 10-year bond auction since the country began selling debt by competitive bidding in 1989.

China’s central bank proposed rules for when-issued trading in December 2005.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.