People's Bank of China, Administration of the Trading of Book-entry Treasury Bonds at Commercial Bank Counters Procedures

中国人民银行商业银行柜台记账式国债交易管理办法

Application procedures for counter trading in book-entry treasury bonds in the PRC.

2 minute readMay 02, 2002 at 12:58 AM
By
clpstaff
& clp articles

Promulgated: April 3 2002

Effective: as of date of promulgation

Interpreting authority: People's Bank of China

Applicability: For the purposes of these Procedures, "book-entry treasury bonds" means book-entry treasury bonds designated by the Ministry of Finance and approved by the People's Bank of China as tradable at commercial bank counters; "trading of bonds at commercial bank counters" (hereafter, counter trading) means trading bonds between commercial banks and bond investors through the business networks of commercial banks; and "investors" means individual and non-financial institution investors (Articles 2, 3 and 5).

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