People's Bank of China, Announcement [2015] No.9

中国人民银行公告 [2015] 第9号

July 07, 2015 | BY

Susan Mok

Interbank bond trading no longer requires approval.

Clp Reference: 3700/15.05.09 Promulgated: 2015-05-09 Effective: 2015-05-09

Issued: May 9 2015

Effective: as of date of issuance

Main contents: Examination and approval for the trading and circulation of bonds on the interbank bond market is abolished. For the various classes of bonds offered in accordance with the law, once the claim-debt relationship has been established and registration completed, such bonds may be traded and circulate on the interbank bond market.

Related legislation: Measures for the Administration of Bond Transactions in the National Interbank Bond Market; and Measures for the Administration of the Registration, Custody and Settlement of Bonds of the National Interbank Bond Market

Repealed legislation: Rules for the Review of the Trading and Circulation of Bonds in the National Interbank Bond Market, 2004; Announcement on the Trading, Settlement and Other Matters of Asset-backed Securities in the National Interbank Bond Market, 2005; Announcement on Matters Relevant to the Entry of Corporate Bonds into the National Interbank Bond Market for Trading and Circulation, 2005; and Announcement on Matters on Revising the Review Policy on the Trading and Circulation of Bonds, 2009

clp reference:3700/15.05.09 promulgated:2015-05-09 effective:2015-05-09

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