People's Bank of China, Administration of Bond Forward Transactions in the National Inter-bank Bond Market Provisions

中国人民银行全国银行间债券市场债券远期交易管理规定

Promulgated: May 11 2005Effective: June 15 2005Interpreting authority: People's Bank of ChinaApplicability: The term 'bond forward transaction' (hereafter,…

2 minute readJune 02, 2005 at 12:58 AM
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Promulgated: May 11 2005

Effective: June 15 2005

Interpreting authority: People's Bank of China

Applicability: The term 'bond forward transaction' (hereafter, Forward Transaction) refers to activities whereby both parties to a transaction agree to sell and purchase the concerned bonds at the agreed price and of the agreed amount on a specified future date (Article 2).

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