Focusing on fixed income and related products, Fixed Income Department’s(FID) major functions-sales, trading, research and structuring-are geared towards maximizing client returns. With extensive institutional coverage, a large client base and high-quality research, FID efficiently supports CICC’s fixed income underwriting business.

FID offers a full product line of government bonds, central bank notes, financial bonds, corporate bonds, convertible bonds and securitized products to major institutiona investors in China. With the ability to provide bid/offer prices for different bonds, CICC’s efficient execution is widely recognized in the market.

FID’s experienced and professional team provides institutional clients with high quality, comprehensive and timely services. It has established long-term client relationships with commercial banks, insurance companies, rural credit unions, fund management companies, social security funds, postal savings, finance companies and major corporate clients.

CICC’s reputation in fixed income underwriting is backed up by its FID sales force. CICC has successfully completed large bond offerings under all kinds of market conditions, winning us respect from clients as well as market participants.

FID’s research team focuses on fundamental and quantitative analysis, paying significant attention to macroeconomic conditions and monetary policies in China. All analyses and recommendations are supported by solid quantitative models. FID provides daily, weekly, monthly and annually published research reports as well as reports with special features. We also hold seminars and marketing events, providing clients with numerous types of analysis of market conditions and trading opportunities.

Focusing on customer needs, market environments and regulatory requirements, FID encourages the development of new products to enhance returns, reduce risks, and meet clients’specific investment requirements.