China Banking Regulatory Commission, Opinion on Effectively Safeguarding against the Risks of Providing Security for the Issuance of Bonds by Enterprises

中国银行监督管理委员会关于有效防范企业债担保风险的意见

November 02, 2007 | BY

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CBRC stops security provision for corporate bonds.

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Issued: October 12 2007

Main Contents: All banks shall cease to provide security for bonds issued by enterprises that are mainly used to finance projects. In regard to other financing