Administrative Measures for Short-term Financing Bonds Issued by Securities Companies
Administrative Measures for Short-term Financing Bonds Issued by Securities Companies
Administrative Measures for Short-term Financing Bonds Issued by Securities Companies
Announcement of the People's Bank of China [2021] No. 10
July 20, 2021
To regulate the issuance and trading of short-term financing bonds issued by securities companies, protect the legitimate rights and interests of investors, and promote the stable and healthy development of the money market, the People's Bank of China has revised the Administrative Measures for Short-term Financing Bonds Issued by Securities Companies, the revised Measures are hereby issued and shall become effective September 1, 2021.
Administrative Measures for Short-term Financing Bonds Issued by Securities Companies
Article 1 These Measures are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China and relevant laws and regulations, to regulate the issuance and trading of short-term financing bonds of securities companies, protect the legitimate rights and interests of investors, and promote the stable and healthy development of the money market.
Article 2 The short-term financing bonds issued by securities companies mentioned herein (the "short-term financing bonds") refer to the bonds that are issued by securities companies in the interbank market for repayment of principal and interest within a maturity of one year or less.
Article 3 Short-term financing bonds, as money market instruments, shall be supervised and managed by the People's Bank of China("PBC") in accordance with the law.
Article 4 The issuance and trading of short-term financing bonds shall follow the principles of fairness, integrity and self-discipline.
......
Announcement of the People's Bank of China [2021] No. 10
July 20, 2021
To regulate the issuance and trading of short-term financing bonds issued by securities companies, protect the legitimate rights and interests of investors, and promote the stable and healthy development of the money market, the People's Bank of China has revised the Administrative Measures for Short-term Financing Bonds Issued by Securities Companies, the revised Measures are hereby issued and shall become effective September 1, 2021.
Administrative Measures for Short-term Financing Bonds Issued by Securities Companies
Article 1 These Measures are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China and relevant laws and regulations, to regulate the issuance and trading of short-term financing bonds of securities companies, protect the legitimate rights and interests of investors, and promote the stable and healthy development of the money market.
Article 2 The short-term financing bonds issued by securities companies mentioned herein (the "short-term financing bonds") refer to the bonds that are issued by securities companies in the interbank market for repayment of principal and interest within a maturity of one year or less.
Article 3 Short-term financing bonds, as money market instruments, shall be supervised and managed by the People's Bank of China("PBC") in accordance with the law.
Article 4 The issuance and trading of short-term financing bonds shall follow the principles of fairness, integrity and self-discipline.
......