Article 1 In order to standardize the transactions and settlement between the Bank and fund management companies and securities companies in the national inter-bank market, improve the internal control system and prevent financial risks, according to the Notice on Printing and Distributing the Provisions on the Administration of Fund Management Companies and the Provisions on the Administration of Securities Companies and the Interim Provisions on the Administration of Inter-bank Bond Repurchase Business, Article 2 The financing business mentioned in these Measures refers to Article 3 Fund management companies and securities companies approved by the People's Bank of China to enter the inter-bank bond market conduct financing business with banks, and both parties conduct transactions through the trading system provided by the National Interbank Funding Center. Article 4 A fund management company may handle cash transactions and bond repurchase business. The longest term of bond repurchase is 1 year, and it cannot be extended after expiration. Article 5 The Bank may handle capital lending, spot bond trading and bond repurchase with securities companies. The longest period for a securities company to borrow funds is 7 days, and the longest period for bond repurchase is 1 year, which may not be extended after expiration. Article 6 A securities company that has not become a member of the national interbank lending market may conduct lending business with its headquarters for 65,438+0 days according to regulations, and report to the local branch of the People's Bank of China for the record before the transaction. Article 7 The transaction flow of reverse repurchase of bonds between banks, fund management companies and securities companies includes the following main steps:

(1) Sign cooperation agreements with fund management companies or securities companies that handle securities financing business, exchange relevant credit information, and clarify their respective rights and obligations.

(2) The planner arranges the fund position and informs the trader; Traders choose their trading partners according to their counterparty's operating conditions and credit standing, as well as their own capital status, and ask the competent leaders step by step according to their trading intentions and capital authorization management regulations. When the competent leader goes out, he should ask the superior leader for instructions.

(3) Traders may conduct online transactions only after being approved by the leaders. Before a trader issues a trading order, other traders, planners or department heads should review the relevant trading elements.

(four) after the completion of the front desk transaction, print the transaction notice (in quadruplicate). After the transaction notice is signed and confirmed by the front desk traders and auditors, the background operators and auditors will deliver the bonds in the background and send them to the relevant leaders for review and signature according to the regulations on fund authorization management.

(5) One copy of the signed transaction notice shall be kept by the trader, one copy shall be sent to the liquidator, one copy shall be sent to the accounting agent cabinet and one copy shall be sent to the audit department.

(six) after receiving the transaction notice and verifying it, the liquidator shall fill in the payment voucher (in triplicate). After the payment voucher is reviewed by the trader and the section chief, the liquidator shall submit it to the Finance Department for review and seal, and send it to the accounting agent cabinet together with the transaction notice. One payment voucher shall be kept by the liquidator and the other two by the accounting agent.

(7) After checking that the transaction notice and payment voucher are correct, the accounting agent shall go through the transfer formalities and notify the fund planning department in time. Finally, the trader should inform the counterparty that the funds have been transferred and ask the counterparty to check with the clearing bank in time.

(8) When the funds expire, the liquidator shall timely inquire about the receipt of the funds, and the trader shall assist and prompt the liquidator to work.

(nine) the liquidator shall, according to the transaction notice and payment voucher, establish a detailed account of fund lending, bond repurchase and bond spot trading, and check it with the general ledger regularly.

The transaction flow of bond repurchase business, bond spot transaction and fund lending business between banks and fund management companies and securities companies shall be implemented with reference to the above steps. Article 8 The trading business shall be accounted for according to the following provisions:

(a) when buying bonds, debit "long (short) bond investment" and credit "deposit with the central bank".

(two) when selling bonds, debit "deposit in the central bank" and credit "long (short) bond investment" and "investment income".

(3) At the beginning of the repurchase, the "reserve fund deposited in the central bank" is debited and the "securities repurchase agreement loan" is credited.

(four) when the repurchase expires, debit the "securities repurchase agreement loan" and "interest expenses between financial institutions" and credit the "reserve funds deposited with the central bank".

(5) At the beginning of reverse repurchase, debit "securities repurchase agreement loan" and credit "reserve fund deposited in the central bank".

(6) At the beginning of reverse repurchase, debit "reserve funds deposited in the central bank" and credit "securities repurchase agreement loans" and "interest income among financial institutions".

(seven) at the beginning of borrowing funds, debit the "reserve deposited in the central bank" and credit the "interbank lending".

(eight) when borrowing funds, debit "interbank lending" and "interest expenses between financial institutions" and credit "reserve deposited with the central bank".

(nine) at the beginning of the fund lending, debit the "loan trade" and credit the "deposit reserve of the central bank".

(ten) when the funds are released, the "reserve deposited in the central bank" is debited, and the "loan trade" and "interest income between financial institutions" are credited.