Current location - Trademark Inquiry Complete Network - Futures platform - The following statement about warehouse receipt pledge is correct ().
The following statement about warehouse receipt pledge is correct ().
A: A.

Warehouse receipt pledge is a pledge based on warehouse receipt. The borrower (warehouse receipt holder) applies to the bank for short-term financing (including short-term credit business types) required for its normal production and operation turnover with its own standard warehouse receipt registered in the futures exchange as collateral. Different varieties of warehouse receipts have different pledge rates, and usually the more stable the value, the higher the pledge rate.