China bond market transparency grows, says UBS's Ye

China's nascent bond market has shown significant increases in transparency, although there is room for improvement that should be achieved through the market mechanism, said Charlie Ye, managing director for fixed income, credit and rates at UBS. He was speaking on a panel at the 2006 conference of the International Organization of Securities Commissions in Hong Kong in June.

Bond issuance has grown steadily - it was 60 billion renminbi ($7.5 billion) in 2005 and an estimated RMB150 billion

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