News Digest Of China Securities Journal Financial Media

Zhou Xiaochuan: the typical "pool" is foreign exchange reserve.

Zhou Xiaochuan, governor of the people's Bank of China, said at 15 Peking University that the current economic recovery foundation is not solid, and there is still uncertainty in the outside world. He also said that the typical "pool" is foreign exchange reserves, the inflow of hot money can be completely hedged, so that it will not affect the national economy in aggregate.

RMB exchange rate option trading will be launched

On the 15 day, a person in charge of the interbank market dealers association confirmed to the China Securities Journal reporter that the RMB exchange rate option transaction would be launched, but the source pointed out that there was no specific timetable for the launch of the business, after which the media's information on the launch of the business in February next year was not accurate.

Ultra short term financing business is about to start.

Xu Jin, chairman of the interbank market clearing house Limited by Share Ltd (hereinafter referred to as the Shanghai clearing house), said on the 15 day of the "China credit risk mitigation Tools Development Summit Forum" that the ultra short term financing (SCP) business is about to start.

Market participants pointed out that ultra short term financing bills, namely short-term commercial bills, are within 270 days, and the issuing amount of issuing enterprises on ultra short term financing bonds is not limited by 40% of net assets. At present, the interbank bond market's bond transactions mainly include short term financing coupons, medium-term notes and corporate bonds, which correspond to short, medium and long term varieties respectively. Among them, the short-term financing bonds are the shortest and the minimum period is 6 months, the longest 1 years. The ultra short term financing coupons within 270 days will be covered to within 3 months.