China will open its domestic interbank bond market more while scrapping limits for some medium- and long-term investors.
The central bank said Wednesday that it would allow more foreign institutions to invest in the domestic interbank bond market.
Foreign entities, including pension and charity funds, approved by the central bank will also be allowed to participate.
China has steadily opened its domestic bond market in recent years.
More foreign institutions have shown interest in yuan assets since the renminbi was included in the International Monetary Fund's SDR basket.
