Minfeng Rural Commercial Bank successfully signed a bond borrowing owner agreement and completed the first bond loan business

Author:China Economic Times Rural Fin Time:2022.07.22

Minfeng Rural Commercial Bank successfully signed a bond borrowing owner agreement and completed the first bond loan business

On June 10, 2022, the dealers' association issued the "Master Agreement on the Bonds of Bonds in China (2022)", and the text sequence of the interbank market standard agreement added new members. The Minfeng Rural Commercial Bank completed the signing of the main agreement on June 15, 2022, becoming one of the first 21 institutions signed in Jiangsu Province. The first bond loan business.

It is reported that the bond loan business was launched by the People's Bank of China, providing securities f using the inter -bank market participants, and providing effective business varieties for the bond market. This business is the bond incorporated party with a certain amount of bonds as the quality, from the bond charging party borrowed borrowing bonds. At the same time, it is agreed that the bonds borrowed in the future will be agreed in the future. Behavior. At present, bond lending has become one of the important tools for the international bond market.

The success of the bond borrowing business is another important milestone in Demon Rural Commercial Bank in exploring a new model of cooperation and innovating and developing emerging businesses. While expanding the industry market and strengthening the cooperation of the industry, it has improved financing efficiency, reduced the efficiency of financing, reduced the efficiency Financing costs and enhanced the entire line of liquidity. In the next step, Minfeng Rural Commercial Bank will continue to innovate new varieties of business business in the interbank bond market, enrich financial market tools, enhance the popularity of the interbank market, broaden the channels for intermediate business income, and actively create new profit growth points.

Responsible editor: Zhang Wei Guo Jinhui

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