CCTV News:
On November 24, the Export-Import Bank of China, one of China's three major policy banks, successfully issued the first foreign currency interbank deposit certificate in the interbank market. This is also the largest single transaction since the foreign currency interbank deposit certificate was launched in the interbank market. issued.
Interbank deposit certificates refer to book-entry time deposit certificates issued by depository financial institutions on the national inter-bank market.
According to reports, the foreign currency interbank deposit certificates issued by the Export-Import Bank of China amounted to US$500 million with a term of 3 months and a yield rate of 0.25%.
This is the first foreign currency interbank deposit certificate issued by a policy bank, and it is also the largest single issue since the foreign currency interbank deposit certificate was launched in the inter-bank market.
The relevant person in charge of the Export-Import Bank of China stated that the business provides domestic investors with more options for foreign exchange investment. The issuance has received extensive support and active subscriptions from various types of investment institutions.
As a mature money market tool, the issuance of foreign currency interbank certificates of deposit helps deposit-taking financial institutions to flexibly raise funds and supplement liquidity in accordance with the money market conditions and their own domestic and foreign currency asset and liability management needs.