The warehousing of SSE bonds is a term only used by customers who are doing repurchase, because the repurchase needs to pledge the bonds to the Shanghai Stock Exchange, and then finance through the reverse repurchase market of the national debt of the exchange. The process of bond pledge is warehousing, and the pledge is called warehousing, and the release of pledge is called warehousing. Among them, First Venture Securities is the most professional brokerage firm with the largest transaction volume of bonds being repurchased. I think their service manager's QQ number is 39472135.
What does the declaration code of the pledged bonds mean?
The declaration code of the pledged bonds means:
This bond cannot be used as a pledged bond for repurchase transactions, and the conversion rate is zero.
The so-called repurchase transaction is that bond investors use their bonds as collateral to obtain funds from the market, and then use these funds for investment or capital turnover. Generally, the pledged bonds that are being repurchased must be declared and put into storage (that is, investors designate some bonds they hold to pledge) and managed by the clearing house of the exchange to prevent misappropriation. Generally, different types of bonds have different conversion rates. This conversion rate actually converts the face value of different bonds into a certain number of standard bonds to facilitate transaction statistics.
zero conversion rate means that the bond cannot be repurchased.
What do you mean by warehousing in automobile mortgage/car mortgage/pledge
The car mortgage in general car loan means that the car can be driven away without pressing the car;
pledge, as we often say, is to put the vehicle in the car loan agency;
For car owners, mortgage is often chosen, because the car can be used normally, and the business will not be affected.
For car loan agencies, even if bad debts occur, they can be handled in time, and mortgage is risky and troublesome to handle.
However, vehicle pledge and mortgage does not mean that you can do whatever you want. Generally, car loan institutions will decide whether to mortgage or pledge the vehicle according to the loan amount of the owner, repayment ability, business driving range of the owner and the actual situation of the vehicle.
What does it mean to stop being included in the pledge warehouse as a repo pledge and stop the bond pledged repo warehousing declaration?
It means that the bond cannot be used as a pledge for a repurchase transaction, and the conversion rate is zero.
The so-called repurchase transaction is that bond investors use their bonds as collateral to obtain funds from the market, and then use these funds for investment or capital turnover. Generally, the pledged bonds that are being repurchased must be declared and put into storage (that is, investors designate some bonds they hold to pledge) and managed by the clearing house of the exchange to prevent misappropriation. Generally, different types of bonds have different conversion rates. This conversion rate actually converts the face value of different bonds into a certain number of standard bonds to facilitate transaction statistics. The zero conversion rate means that the bond cannot be repurchased.
explanation of terms: pledge
pledge
pledge (pledge) means that the debtor or a third party hands over his movable property or rights to the creditor for possession, and takes the movable property as the guarantee of the creditor's rights. When the debtor fails to perform the debt, the creditor has the right to be paid in priority for the sale price of the movable property according to law.
Chinese name
pledge
mbth
pledge
terminology classification
discipline classification
law
application field
construction engineering, other
classification
chattel pledge; Right pledge
pledge classification
Pledged property is called pledge, the person who provides the property is called pledger, and the person who enjoys the pledge is called pledgee. A written contract shall be signed for the pledge guarantee, and the pledge contract shall take effect upon its establishment (different from the previous view that the pledge contract is a practice contract, and the new view holds that the pledge contract should also be a promise contract), and the contents of the pledge contract are basically the same as those of the mortgage contract. [1]
pledge can be divided into chattel pledge and right pledge. Chattel pledge refers to the pledge of things that can be moved without damaging their effectiveness; Pledge of rights
refers to pledge with transferable rights as the subject matter.
the pledgee of chattel pledge shall bear civil liability if it is lost or damaged due to poor custody of the pledged property. In case of possible loss or damage to the pledged property, the pledgor may require the pledgee to deposit the pledged property or pay off debts in advance to return the pledged property, while the pledgee may require the pledgor to provide corresponding guarantee. If the pledgor fails to provide it, the pledgee may auction or sell the pledged property for priority compensation or deposit with a third party agreed with the pledgor.
if the date of various bills indicating the date of redemption or the date of delivery is earlier than the debt performance period, the pledgee may redeem or deliver the goods before the expiration of the debt performance period, and agree with the pledgor to use the cashed price or the extracted goods for early repayment of the debt or escrow with a third party agreed with the pledgor. Where the property rights in stocks or trademarks, patents and copyrights that can be transferred according to law are pledged, the pledgor and pledger shall register the pledge with the securities registration agency or its management department after signing a written contract, and the pledge contract shall take effect from the date of registration.
since the specific law is not marked, please explain it roughly. Legally, the term of existence refers to the term of validity of a contract or right, which is legally valid or agreed to be valid within this period.
an uninformed third party is relative to an informed third party. For example, knowing a third party means knowingly buying an article or right that is legally flawed and will harm the rights and interests of the relevant person. The uninformed third party has carried out the same legal act without knowing it at all. The so-called uninformed third party is not to blame. In law, the uninformed third party will not be punished, while the informed third party will bear joint and several liability for compensation and so on.
Market analysis
Generally, pawn is given to pawn shops in the form of pawn. In recent years, many guarantee companies have also set foot in the pledge industry. Finding a formal and well-known guarantee company is not only fast (the payment can be received within 24 hours at the earliest), but also relatively safe.
pledge characteristics
1. It has the same characteristics as all security interests-subordination, inseparability and subrogation.
2. The object of pledge is movable property and transferable rights, and real property cannot be pledged. Pledge is therefore divided into chattel pledge and right pledge.
money can also be pledged after being specified: after the debtor or a third party specifies its money in the form of special account, deposit, etc., it is handed over to the creditor for possession as a guarantee for the creditor's rights. When the debtor fails to perform the debt, the creditor can be paid in priority with the money.
3. The pledge is a security interest that transfers the possession of the pledged property, and the pledge is based on the possession of the subject matter.
mortgage pledge
the difference between pledge and mortgage
1. pledge belongs to a kind of security interest. The biggest difference between mortgage and pledge is that mortgage does not transfer collateral, but pledge must transfer possession of pledge, otherwise it is not pledge but mortgage. The second big difference is that pledge cannot pledge real estate (such as real estate), because the transfer of real estate is not possession, but registration.
2. Mortgage and pledge are two common ways of guarantee in economic activities. But in practice, people often confuse the two, for example, this is pledge, but it is written as mortgage in the contract. We should know that mortgage and pledge are two different ways of guarantee, and their legal consequences are different. So, what's the difference between them?
mortgage refers to the property right that the debtor or a third party does not transfer the possession of its specific property, and takes the property as a guarantee for the creditor's rights. When the debtor fails to perform the debt, the creditor has the right to discount the property according to law or give priority to compensation with the price of auction or sale.
the property is called collateral, the debtor or the third party is called mortgagor, and the creditor is called mortgagee. There are legal and ...
repurchase procedures for mortgage
First, check whether the bonds you hold (bonds bought on the same day can be pledged on the same day) can be repurchased and the conversion rate. The data can be inquired at the Shanghai and Shenzhen Stock Exchanges. The specific operation methods are as follows: 1. Bond pledge warehousing. In the trading interface (as shown below), select "Sell (that is, submit pledged bonds)" and enter the pledge code. The price is automatically displayed, usually 1. Note: This is the pledge code, not the transaction code. The pledge code starts with 9 (national debt) 14 (corporate debt) 15 (separate debt, corporate debt) 16 (local debt). This operation is called bond pledge warehousing. There is no limit to the number of bonds pledged, and the minimum number of bonds pledged is 1. Special note: many brokers require investors to go to the counter to pledge bonds for warehousing and warehousing, but not to operate online (just like converting Shenzhen stock market into debt-for-equity swap). The above is the warehousing method of Shanghai Stock Exchange. Because there is no pledge code and no other operation interface in Shenzhen Stock Exchange, it can only be handled at the counter. 2. Use of standard coupons. After the bonds are pledged and put into storage, the system will automatically change them into standard bonds according to the latest conversion rate (a list of standard bonds appears on the account with the code of 88888). Bonds that can be pledged must be an integer multiple of 1, standard bonds, so you can only raise 1, yuan for 1,5 and 1,8 standard bonds. Excess bonds can be directly issued from the warehouse. 3. Repurchable date. In Shanghai stock market, bonds bought on the same day can be pledged and repurchased on the same day; The Shenzhen Stock Exchange stipulates that bonds bought on the same day can be pledged on the same day, but the next transaction can be used for repurchase. 4. Repurchase transaction. In the trading interface (as shown below), select "Buy" and enter the code, such as 241 for Shanghai Stock Exchange's one-day repurchase; Fill in the interest rate you are willing to integrate into the fund for the financing price; The list of available funds does not affect the operation no matter what is displayed; Don't worry about the maximum amount of financing (it is used by the system to calculate stocks, which is generally shown as ). The amount of financing must be an integer multiple of 1. For example, if you have 25 standard coupons, you can enter 1 or 2, indicating that you are willing to borrow 1, or 2, yuan. After the transaction is completed, the borrowed cash will appear in your account, and at the same time reduce the number of your standard coupons. Borrowed funds can be used to buy other securities or transfer funds (some brokers are not allowed to transfer the integrated funds). 5. Settlement after repurchase transaction. After the repurchase, you should pay attention to prepare enough funds in your account for deduction (it is still automatic deduction without any operation). For example, if you buy back on the 1st, the standard coupon will be returned to your account after 1: pm that day, and at the same time, you can use the funds to reduce the borrowed amount (if the original funds have been used up, then a negative number will be displayed). Before 16: on T+1, you should prepare enough deduction principal and interest in your account to repay the loan. 6. Pledged bonds are delivered from the warehouse (also called bond pledge cancellation). After the bond pledge expires (the sign is that the standard certificate has returned to the account), you can apply for outbound. The method is opposite to that of warehousing, that is, select "Buy" in the transaction interface, and enter the pledge code and the outbound quantity. Note: the purpose of outbound is generally to sell, otherwise there is no need to outbound, which will be very convenient for the next repurchase. Pledged bonds issued on the same day can be declared for warehousing again. 7. The date when the bond can be sold. The bonds issued by Shanghai Stock Exchange on the same day are sold on the same day; The Shenzhen Stock Exchange stipulates that bonds issued on the same day can only be sold in the next transaction. 8. The relationship between standard bonds and the incorporated funds. These two are corresponding to each other, just like the relationship between buying and selling stocks and cash on hand, they are two sides of the same problem. When the number of standard coupons is more than 1, it can be integrated into funds. After integration, the standard coupon disappears (actually pledged to the registration and settlement company) and the available funds in the account increase. When the pledged standard certificate comes back, the available cash in the account will be reduced by a corresponding amount. From the above process, we can see the reason why the repurchase transaction in Shenzhen is extremely inactive.
will the pledged warehousing affect the profit and loss? It is better to have detailed examples, thank you! ! !
Yes, for example, if your car is pledged to others, then you have not used your car, and depreciation needs to be stopped, so your expenses will be reduced and your current profit will be increased.
What is the difference between vehicle mortgage and pledge?
mortgage means that the car is not detained, but the car is opened. Pledge means that the car is stored in the pledgee's place, and it is not allowed to move
What does the pledge of CITIC Bank's wealth management products mean?
CITIC Bank's personal pledge loan is a personal loan business in which customers pledge the unexpired local and foreign currency time deposit certificates of CITIC Bank, voucher-type government bonds issued by CITIC Bank or pledged local and foreign currency wealth management products issued by CITIC Bank, obtain a certain amount of loans from the bank, and repay the loan principal and interest at maturity.
I. loan conditions
The loan applicant is a natural person with full civil capacity in China.
ii. loan amount, term and interest rate
the pledge rate shall not exceed 95% in local currency and 9% in foreign currency.
the loan term is generally one year, and it shall not exceed the maturity date of the pledge.
The loan interest rate shall be subject to the term interest rate and adjustment method stipulated by the People's Bank of China.
III. Loan Procedures
The loan applicant applies for personal pledge loan at CITIC Bank outlets with an unexpired certificate of deposit in local and foreign currencies, voucher-type government bonds issued by CITIC Bank or pledged local and foreign currency wealth management products issued by CITIC Bank, and fills in the loan application form;
after reviewing the materials and pledges submitted by the loan applicant, CITIC Bank signs a contract with the loan applicant, stores the pledges in the warehouse and distributes the loans to the account designated by the borrower;
the borrower pays interest on time according to the contract.
IV. Materials and certificates to be submitted
Identity certificate (including ID card, household registration book or temporary residence permit), time deposit certificate in local and foreign currencies, voucher-type national debt, local and foreign currency wealth management products, etc.
please consult your local branch for details, and the staff of China CITIC Bank will help you understand the specific requirements of retail loan business.
Specific work contents of the pledge supervisor of pledge supervision
1. Working in the automobile 4S shop, daily supervising the bank pledge; 2. Take charge of receiving, checking, replacing, moving and releasing pledged vehicles and goods; 3. The automobile project is responsible for keeping the pledged vehicles, keys and certificates, and checking the library twice a day in the morning and evening; 4, timely report the abnormal situation found in the process of supervision; 5. Accept and implement all work instructions of the company (supervision company); (Supervisors are employees of supervisory companies, not employees of banks and 4S stores) 6. Accept and cooperate with company and bank inspections and video inspections; 7. Complete daily business reports. The work of the pledge supervisor is relatively easy. For details, it can be pointed out that the pledger takes the legal movable property recognized by the bank as the pledge guarantee, and the bank gives financing. In addition, repayment can be made in stages during the credit period, and the credit business of pledged movable property can be replaced on the basis of meeting the minimum inventory approved by the bank. The subject matter of pledge is the goods stored and kept by the supervisor, and the bank entrusts the supervisor to keep the pledge continuously. However, the supervised pledge is constantly changed and shows different batches and types at different times, so it is called "dynamic pledge total control". Features: total control and movement of chattel pledge