Central bank: relevant materials of bond issuance application can be submitted online

category:Finance
 Central bank: relevant materials of bond issuance application can be submitted online


Circular of the financial market department of the peoples Bank of China on issues related to the issuance of bonds by financial institutions during the period of epidemic prevention and control

Yin Shi Chang [2020] No.5

In accordance with the relevant requirements of the notice on further strengthening financial support and prevention and control of the new coronavirus infected pneumonia epidemic, in order to strengthen the prevention and control of the epidemic and effectively reduce the flow and aggregation of personnel, we hereby notify the following matters related to the issuance of various financial bonds, asset support certificates and short-term financing bonds of securities companies (hereinafter referred to as bonds) by financial institutions during the epidemic prevention and control period:

Financial institutions can send application materials and electronic versions of filing materials for bond issuance by e-mail and other means, handle bond issuance remotely, and the staff of the financial market department will reply and feed back by telephone and e-mail.

2u3001 Extend the validity of bond line

The validity period of the approved or registered bond quota will be suspended from February 1, 2020, and the recovery calculation time will be notified according to the change of epidemic prevention and control situation.

3u3001 Flexible arrangement of bond issuance and duration management

uff081uff09 Encourage the issuance of bonds through remote bidding. The technical support department of bond bidding and issuance shall optimize the process, provide convenience for bond issuers unable to reach the site affected by the epidemic and support them to carry out bond remote bidding and issuance on the basis of meeting the normative requirements.

uff082uff09 Reasonably adjust the time limit requirements for non regular disclosure of information. If the issuer is affected by the epidemic situation and is unable to make irregular information disclosure in accordance with relevant regulations or agreements, the disclosure may be postponed.

uff083uff09 Regularly disclose the information. If the issuer is expected to be difficult to disclose the 2019 annual report before April 30, 2020 due to the impact of the epidemic situation, it shall issue an extension notice in advance, and explain in the notice the details, the expected time of disclosure, the basic financial data, the main regulatory indicators and other information that cannot be disclosed due to the impact of the epidemic situation. Issuers of bonds such as capital supplement bonds, green and innovation and entrepreneurship financial bonds shall disclose relevant information on a quarterly basis, and trustee reports of asset-backed securities that shall be disclosed in accordance with regulations. If it is difficult to disclose in time due to the impact of the epidemic, they shall also issue an extension notice in advance and state the expected time for disclosure.

uff084uff09 During the epidemic prevention and control period, make full use of off-site forms such as network and telephone to carry out bond issuance, strictly follow the requirements of the epidemic prevention and control observation isolation period, and do a good job in personal protection.

4u3001 Actively support the issuance of bonds by financial institutions in areas with severe epidemic

For financial institutions issuing bonds to raise funds mainly for epidemic prevention and control and for financial institutions issuing bonds in areas seriously affected by the epidemic, a green channel shall be established, and special personnel shall be assigned to interface with relevant work, priority shall be given to accepting issuance applications, simplify approval and registration procedures, and improve the efficiency of issuance audit.

5u3001 Contact information

Materials related to financial bonds of small and micro businesses and agriculture, rural areas and farmers were sent to [email protected], Tel: 010-66194548. Materials related to asset-backed securities are sent to [email protected], Tel: 010-66194409. Materials related to short-term financing bonds of securities companies are sent to [email protected], Tel: 010-66194124. This notice shall be implemented as of the date of promulgation, and the end date shall be notified separately. In case of any problems in the implementation, please give feedback to the financial market department of the peoples Bank of China in a timely manner. Notice is hereby given. Financial market department of the peoples Bank of China February 7, 2020 source: responsible editor of the peoples Bank of China: Zhong Qiming

Materials related to financial bonds of small and micro businesses and agriculture, rural areas and farmers were sent to [email protected], Tel: 010-66194548.

Materials related to asset-backed securities are sent to [email protected], Tel: 010-66194409.

Materials related to short-term financing bonds of securities companies are sent to [email protected], Tel: 010-66194124.

This notice shall be implemented as of the date of promulgation, and the end date shall be notified separately. In case of any problems in the implementation, please give feedback to the financial market department of the peoples Bank of China in a timely manner.

Notice is hereby given.

Financial market department of the peoples Bank of China

February 7, 2020