The National Bank of Georgia (NBG) has secured direct access to the China Interbank Bond Market (CIBM), one of the world’s largest and most influential financial platforms. The move positions Georgia among a select group of central banks authorized to operate in the Chinese bond market.
Access was formalized during an official NBG delegation visit to China under a memorandum signed with the People’s Bank of China. Following the agreement, the NBG completed extensive negotiations and contract-related procedures to enter the CIBM. On December 23, 2025, both central banks signed an agreement enabling the NBG to invest in Chinese bonds.
Under the agreement, the People’s Bank of China will provide essential services, including trading, settlement and custodial support for transactions. In February 2026, the NBG opened accounts both at the People’s Bank of China and within the CIBM depository infrastructure, enabling full operational capability.
“China’s interbank bond market is a primary channel for foreign institutional investors, including central banks, to access Chinese bonds directly,” said NBG President Natia Turnava. “Entry into this market will strengthen the National Bank of Georgia’s investment capabilities, support greater diversification of international reserves, and enhance the effectiveness of risk management.”
