Promulgated: September 29 2007
Effective: November 1 2007
Interpreting Authority: People's Bank of China (PBOC)
Applicability: The term "forward rate agreement" (FRA) refers to a financial contract whereby both parties
People's Bank of China, Provisions for the Administration of the Forward Rate Agreement Business
中国人民银行远期利率协议业务管理规定
PBOC launches forward rate agreements.
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