The Central Bank Issued The Interim Measures For The Management Of Interbank Certificates Of Deposit.

< p > first, in order to standardize the deposit book business of the interbank deposit, expand the financing channels for the deposit financial institutions in the banking industry, and promote the development of the money market, these measures are formulated according to < < a href= > http://www.91se91.com/ > People's Republic of China people's Bank Law < /a > and relevant laws and regulations.

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< p > second the "interbank deposit certificate" as mentioned in these Measures refers to the bookkeeping time deposit certificate issued by the legal persons of financial institutions in the banking sector (hereinafter referred to as the deposit financial institutions) in the national interbank market, and it is a money market tool.

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< p > the deposit financial institutions mentioned in the preceding paragraph include policy banks, commercial banks, rural cooperative financial institutions and other financial institutions approved by the people's Bank of China.

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< p > third deposit financial institutions shall have the following conditions for issuing certificates of deposit: < /p >

< p > (1) is the member unit of the a href= "http://www.91se91.com/" > market < /a > interest rate pricing self-regulation mechanism; < /p >

< p > (two) the management method of interbank deposit certificate has been worked out; < /p >

< p > (three) other conditions required by the people's Bank of China.

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< p > Fourth interbank deposit certificates are mainly interbank lending market members, fund management companies and fund products.

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< p > fifth deposit financial institutions issuing interbank certificates of deposit shall file an annual issuance plan with the people's Bank of China before issuing the first interbank deposit certificate each year.

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< p > sixth deposit financial institutions can determine the issuing amount and time limit of each interbank deposit certificate on their own within the record amount of the year, but the issue amount of a single issue shall not be less than 50 million yuan RMB.

The balance of issuing records shall be managed by the balance, and the balance of the interbank deposit at any time in the year of the issuer shall not exceed the record amount of the year.

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< p > seventh interbank certificates are issued electronically and are publicly issued or directed in the national inter bank market.

The national interbank lending center (CBDC) provides the issue, paction and information service of interbank certificates of deposit.

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< p > eighth issuing interest rates and issuing prices of interbank certificates of deposit are determined by marketization.

Among them, the fixed rate deposit certificate period is not more than 1 years in principle, for 1 months, 3 months, 6 months, 9 months and 1 years, referring to the same period of Shanghai interbank offered rate pricing.

Floating rate certificates of deposit are calculated on the basis of the Shanghai interbank offered rate as the floating rate benchmark. The term is more than 1 years in principle, including 1 years, 2 years and 3 years.

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< p > ninth interbank deposit certificates are registered, trusteeship and settlement in the inter bank market clearing house Limited by Share Ltd.

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< < p > > tenth publicly issued interbank certificates of deposit can be traded and can be used as the subject matter of a buyback paction.

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< p > the interbank deposit certificate issued by the government can only be circulated within the initial investor's scope of the interbank deposit certificate.

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The two level market pactions of < p > interbank deposit certificates are carried out through the electronic trading system of the interbank lending center.

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< p > eleventh issuers shall not subscribe or disguise themselves to subscribe for their own interbank certificates of deposit.

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< p > twelfth to set up a market maker system for interbank deposit certificates.

The interbank deposit book market maker is the core member of the self-regulation mechanism of market interest rate pricing. According to the development and changes of the interbank deposit market, the people's Bank of China will adjust the scope of market makers in a timely manner.

The market maker should continuously quote the bilateral price of the corresponding deposit receipt and purchase through the interbank lending system, and conclude pactions with other market participants according to their quotations.

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< p > thirteenth issuers of interbank certificates of deposit shall, in accordance with the agreement of the issuance documents, honour the principal and interest of interbank certificates of deposit on time, and shall not alter the date of payment without authorization.

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< p > fourteenth deposit class < a href= "http://www.91se91.com/ > > Finance < /a > the issuing of interbank certificates should be disclosed on the official website of Limited by Share Ltd, the clearing house of China's currency network and interbank market.

Information disclosure shall follow the principle of good faith, and shall not contain false records, misleading statements or major omissions.

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< p > fifteenth issuers shall disclose the annual issuance plan to the market before issuing the first interbank deposit certificate each year.

In the event of major or substantial changes in the year, the issuer shall republish the updated issuance plan in a timely manner.

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< p > sixteenth issuers shall disclose the announcement and announcement of the issuance of the interbank deposit certificates before and after the issuance of each interbank deposit certificate.

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During the period of < p > seventeenth interbank certificates of deposit, any issuer who has committed major events that affect the issuer's performance of debts shall be disclosed in a timely manner.

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< p > eighteenth interbank certificates are set up separately in accounting for management accounting, and statistics are set up separately to reflect the issuance and investment statistics of certificates of deposit.

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< p > nineteenth the people's Bank of China shall supervise and manage the issuance and trading of certificates of deposit in accordance with these measures and other relevant provisions.

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The P, the interbank lending center and the interbank market clearing house Limited by Share Ltd respectively collect the pactions, registration, trusteeship, settlement and payment of the certificates of deposit, and submit them to the people's Bank of China.

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< p > twentieth, the people's Bank of China shall be responsible for the interpretation of the present measures.

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< p > twenty-first, the measures shall come into force on December 9, 2013.

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