外国央行越发青睐人民币债券

Such strong interest comes as central banks last month clinched CNY2 billion worth of bonds sold in China's Ministry of Finance's CNY23 billion offshore sovereign bond. Two weeks ago, foreign central banks secured a fifth of the CNY1.75 billion dim sum bond sold by Export-Import Bank of Korea.
在国外央行对这批点心债券表现出浓厚兴趣的同时，中国财政部上个月在港发行的230亿元人民币国债中，国外央行认购了其中的20亿元。两周前，韩国输出入银行(Export-Import Bank of Korea)发行的价值人民币17.5亿元的点心债券中，外国央行认购了其中的五分之一。

'It's a natural progression for central banks to engage in (the offshore yuan market) over time, as they look to diversify their reserves away from the U.S. dollar and euro,' said Ken Wei Wong, Asia-Pacific debt syndicate director for Barclays PLC, which was one of the underwriters for the CDB bond issue.
巴克莱集团(Barclays PLC)亚太债券承销部董事Ken Wei Wong说，随着时间的推移，国外央行参与离岸人民币市场是一件很自然的事情，因为它们希望降低美元和欧元资产的比重，实现外储多元化。巴克莱集团是此次国家开发银行债券发行的承销商之一。

Central banks can also buy yuan papers in the tightly controlled onshore market in China through the Qualified Foreign Institutional Investors, or QFII, program the primary conduit for foreign investors to enter China's domestic capital markets. However, they are subject to stringent access restrictions to these markets in the form of investment quotas granted by China's foreign exchange regulator.
外国央行也可以通过合格境外机构投资者(QFII)这一机制在中国国内受严格控制的市场购买人民币债券。QFII是外国投资者进入中国国内资本市场的主要渠道。然而，外国投资者在进入这些市场时都受到严格的准入限制，他们的投资额度不能超过中国外汇监管机构批准的上限。

Last week, Indonesia's central bank said it started buying yuan bonds in mainland China, following the moves of other central banks, such as those in Japan, South Korea, Nigeria and Saudi Arabia, which have all announced or indicated plans to diversify their currency reserves into the yuan.
上周，印尼央行表示它开始在中国内地买入人民币债券。此前，日本、韩国、尼日利亚和沙特阿拉伯等国央行也都采取了类似的举措。这些国外央行已经宣布了买入人民币债券、分散外储资产的计划，或表示有此计划。

In the offshore yuan market, however, central banks and other investors don't face such harsh restrictions. Mr. Wong said he expects more central banks to participate in the offshore yuan market as the Chinese currency becomes more internationalized.
但在离岸人民币市场，外国央行和其他投资者不需要面对如此苛刻的限制。Ken Wei Wong说，随着人民币国际化程度的提高，他预计有更多央行会参与离岸人民币市场。