The National Bank of Georgia (NBG) has secured access to one of the world’s largest and most influential financial platforms - the China Interbank Bond Market (CIBM).
According to the NBG, this development places Georgia among the select group of central banks granted permission to operate directly in the Chinese interbank bond market.
Access was formalized during the official visit of an NBG delegation to China, as part of a memorandum signed with the People’s Bank of China. Following the agreement, the National Bank of Georgia initiated intensive negotiations to obtain entry to CIBM and complete the necessary contractual procedures. On December 23, 2025, the two central banks signed an agreement enabling the NBG to invest in the Chinese bond market. Under this arrangement, the People’s Bank of China will provide essential services, including trading, settlement, and custodial support for bond transactions.
In February of this year, accounts were opened for the National Bank of Georgia both at the People’s Bank of China and within the CIBM depository infrastructure.
“China’s interbank bond market is one of the primary channels that allows foreign institutional investors, including central banks, to access Chinese bonds directly. Entry into this market will strengthen the National Bank of Georgia’s investment capabilities and support greater diversification of international reserves while enhancing the effectiveness of risk management,” said NBG President Natia Turnava.
