Collateral Management Service System for the Sub-Scope of Pledged Bonds of Contracting Parties
2018-06-24 1360
- Document Number:No. 133 [2017] of China Central Depository & Clearing Co., Ltd.
- Area of Law: Banking & Finance
- Level of Authority: Industry Regulations
- Date issued:09-27-2017
- Effective Date:09-27-2017
- Status: Effective
- Issuing Authority: China Government Securities Depository Trust & Clearing Co., Ltd.
Notice of China Central
Depository & Clearing Co., Ltd. on the Functional Optimization of the
Collateral Management Service System for the Sub-Scope of Pledged Bonds of
Contracting Parties
(No. 133 [2017] of China Central Depository & Clearing Co., Ltd.)
All market participants:
China Central Depository & Clearing Co., Ltd. (“CCDC”) has consistently
provided efficient, safe and convenient collateral management services for the
implementation of relevant monetary policies and fiscal policies of the macro-management
departments of the state and for the risk management of various kinds of
financial transactions in the financial market. For the purposes of further
improving the capability and functions of collateral management services, based
on market survey and feedback from clients, certain functional optimization of
the collateral management service system has been made for the sub-scope of
pledged bonds of contracting parties, and new optimized functions were
officially launched on September 22. By the functional optimization, when
market participants set up the sub-scope of pledged bonds of contracting
parties through the collateral management service system, they may set the
pledge limits of specific bonds. After the pledge limits are set, market participants
may check the balance of bonds in the pool through the details of their actual
bonds in the pool. If the relevant market participants have any questions in
the transaction of business, please contact CCDC in a timely manner.
Contact number for collateral business: 021-80169837/39/40
China Central Depository & Clearing Co., Ltd.
September 27, 2017