individuals are not allowed to participate.

individual investors are not allowed to participate in interbank deposit receipt transactions. The investors and trading subjects of interbank deposit certificates are members of the national interbank lending market, fund management companies and fund products.

Interbank certificates of deposit are book-entry time deposit certificates issued by deposit-taking financial institutions in the national interbank market, and their investment and trading subjects are members of the national interbank lending market, fund management companies and fund products. Deposit-taking financial institutions can determine the issuance amount and duration of each interbank deposit certificate by themselves within the issuance record amount of the current year, but the single issue amount shall not be less than 5 million yuan.