On June 15, 2026, CFETS and SHCH jointly hosted the "Bund Salon" themed session on foreign currency repo. Representatives from 31 financial institutions, including state-owned banks, joint-stock commercial banks, city and rural commercial banks, and securities companies, attended the event, with over 40 participants in total.
During the session, representatives from FX market department of CFETS and RMB&FX clearing department of SHCH respectively presented on the operational status of the foreign currency repo market, the transaction tenor management mechanism, and the upcoming launch of collateral substitution and cash settlement services, from the perspectives of trading mechanism innovation and clearing service optimization.
A representative from ICBC provided an in-depth macro analysis of the factors and evolving trends of onshore US dollar liquidity, and analyzed the recent US dollar interest rate trends in light of the Federal Reserve's monetary policy and the domestic supply-demand structure of FX settlement and sales, offering attendees valuable reference for investment and financing strategies amid a complex economic environment.A representative from Zheshang Bank systematically outlined operational details and compliance considerations in foreign currency repo business from a practical standpoint, providing participating institutions with useful insights for enhancing internal management efficiency and seizing opportunities in the foreign currency repo.
During the Q&A session, participants engaged in lively discussions on topics such as the development of the foreign currency benchmark system and the optimization of trading and settlement mechanisms, and put forward constructive suggestions.
Going forward, SHCH will continue to work closely with CFETS, stay responsive to market demand and development trends, and support the high-quality development of the interbank foreign currency repo market.
