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

November 02, 2007 | BY

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PBOC launches forward rate agreements.

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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