Service Profile

Bonds trading refers to a trade method, one trader sells bonds at a certain value to another trader at an agreed price, and complete the transaction (actual deliver or transfer of funds and securities) within a set time.

Bonds counter-purchase is a short-term financing service with bonds as right hypothecation. The borrower (counter-purchaser) sells a certain amount of bonds to the creditor (adverse counter-purchaser) and obtains the financing; the two parties agree that on a future date, the counter-purchaser buys back the same amount of bonds in the same kind from the adverse counter-purchaser, at a previously agreed counter-purchase interest rate.

Target Clients
Financial institutions licensed by the People' s Bank of China for operation in the National Universal Inter-bank Offer Market as well as bonds trading and counter-purchase transactions.

Subsidiary Category
Current bonds trading, counter-purchase, adverse counter-purchase;

Currencies
RMB and foreign exchanges

Service Features and Advantages

1.	Cooperation partners may achieve higher earning, evade interest rate risks, and higher liquidity of their assets;
2.	Many periods to choose from, conducive to rational mix of fund periods and diversification in assets on both parties;
3.	Bonds counter-purchase offers other financial institutions another source for short-term financing;
4.	Bonds adverse counter-purchase is based on bonds as right hypothecation, a very safe means of credit;
5.	Other financial institutions may improve the liquidity of their funds through bonds adverse counter-purchase to mobilize as much fund as possible and improve their earning rate on capital fund.