Bonds transaction

Bonds transaction

Bond transaction is also called existing bonds transaction in Chinese. It refers to the transaction of transferring ownership of the bonds by both parties at an agreed rate. In such transaction, bonds are the transition objects. One party offers capital, and the other party offers bonds, which will be bought out in one time. Bonds transaction belongs to large-amount transaction between institutions in inter-bank bonds market. The bonds that may be transacted in inter-bank bond market mean the book-entry treasure bonds, including government bonds, policy finance bonds, central bank bills, financial bonds, overlying bond, enterprises' short-term financing bonds, securities companies’ financing bonds and corporate bonds, which are approved by People’s Bank of China for transaction in inter-bank bond market. The types of bonds continually increase with the development of bond market.