People's Bank of China, Measures for the Administration of Debt Financing Instruments of Non-financial Enterprises in the Interbank Bond Market

中国人民银行银行间债券市场非金融企业债务融资工具管理办法

July 09, 2008 | BY

clpstaff &clp articles

Issue of bonds by non-financial enterprises made easier.

Issued: April 9 2008
Effective: April 15 2008

Applicability: The term “debt financing instruments of non-financial enterprises” (Debt Financing Instruments) refers to negotiable securities issued by non-financial enterprises with legal personality (Enterprises) on the interbank bond market for which principal repayment and interest payment are agreed to be made within a certain time period (Article 2).

These Measures also apply to short-term financing bills (Article 20).

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