2. Concept introduction:
The issuance fund, also known as RMB issuance fund, is the RMB kept by the People's Bank of China, which has not entered the circulation field. The issuance funds are managed by the People's Bank of China in a unified way, and the issuance funds kept by all the distribution sub-libraries, central sub-libraries and sub-libraries (including the depository of issuance funds) are all part of the general library. No unit or individual may use the issuance fund in violation of regulations.
Issuing fund and cash are two different concepts, which are both related and essentially different. The relationship between them can be transformed into each other. Under the procedures stipulated by the system, the issued funds will become cash after entering the business library from the issuing library. Cash is transferred from the business inventory into the issuing bank and becomes the issuing fund.