Analysis of the Main Characteristics of the Outstanding Offshore RMB Bond Market with Big Data

Abstract

The offshore RMB bond market has been developing for nearly 14 years and has accumulated massive of valuable data. The big data technology is used in this paper to make statistical analysis of the offshore RMB bond market. Studies have found that the offshore RMB bond market generally experienced four stages of development. At present, the outstanding offshore RMB bond market is mainly composed of offshore RMB interest rate bonds and offshore RMB financial bonds, showing the main characteristics of wide regional distribution, high credit rating and strong investment attractiveness. The scale and proportion of non-financial offshore RMB bonds are relatively small, showing the characteristics of relatively concentrated industry and regional distribution, relatively scattered credit rating distribution, and weak investment attractiveness.