Article 2 The term "savings bonds" as mentioned in these Measures refers to the non-circulating RMB government bonds issued by the Ministry of Finance in People's Republic of China (PRC) and sold to individuals through members of the underwriting syndicate, and the creditor's rights are recorded electronically.
Article 3 The Ministry of Finance, together with the People's Bank of China, shall be responsible for formulating savings bonds (electronic) related policies.
Article 4 The Ministry of Finance entrusts the Central Government Securities Depository and Clearing Co., Ltd. (hereinafter referred to as the Government Securities Depository Company) to develop and maintain the savings bonds (electronic) business management information system for the Ministry of Finance, which is used to manage the distribution of savings bonds (electronic) issuance quota, receive, check and record the savings bonds (electronic) data sold and held by the members of the underwriting syndicate; Formulate data transmission specifications and issue system parameters; Assist the Ministry of Finance to complete fund settlement; Provide management information and investor savings bonds (electronic) custody balance review and inquiry services. Article 5 savings bonds (electronic) is issued to individuals. Members of the underwriting syndicate are not allowed to sell savings bonds (electronic) to government agencies, enterprises, institutions, social organizations and other institutions, but they can hold savings bonds (electronic) redeemed by investors in advance in accordance with these Measures and other provisions.
Article 6 savings bonds (electronic) issues and handles related businesses with a face value of 65.438 million yuan.
Article 7 savings bonds (electronic) shall bear interest from the date of issuance, and the interest payment methods are divided into one-time repayment of principal and interest and regular interest payment. The Ministry of Finance pays interest or principal to investors through members of the underwriting syndicate on the interest payment date or repayment date.
Article 8 savings bonds (electronic) shall bear interest according to the actual number of days, excluding compound interest (see Annex 1 for specific interest rules). The savings bonds (electronic) interest-bearing rules issued before the entry into force of these Measures shall still be implemented according to the original measures.
Article 9 savings bonds (electronic) is not negotiable and can be redeemed in advance, pledged loan, non-transactional transfer, etc.
Article 10 savings bonds (electronic) implements two-level custody, with the government bond registration company as the first-level custody institution and the members of the underwriting syndicate as the second-level custody institution. The national debt registration company and the members of the underwriting syndicate are responsible for the authenticity, accuracy, integrity and security of the first-level and second-level custody accounts respectively.
Article 11 savings bonds (electronic) adopts two-tier capital settlement, with the Ministry of Finance and the members of the underwriting syndicate making the first-tier capital settlement, and the members of the underwriting syndicate making the second-tier capital settlement with investors. The secondary fund settlement shall be conducted through the RMB settlement account designated by the investor. Article 12 The members of the underwriting syndicate shall handle the following savings bonds (electronic) business for investors through the counters of their respective business outlets and other approved channels:
(1) To open a second-level custody account of personal treasury bonds for investors (hereinafter referred to as personal treasury bonds account) and handle savings bonds (electronic) custody and personal treasury bonds account-related business.
(2) Handling savings bonds (electronic) related fund settlement for investors.
(3) Handling savings bonds (electronic) subscription, interest payment, principal repayment, early redemption, non-transaction transfer, pledge loan and other businesses for investors, and issuing savings bonds (electronic) holding certificates (property certificates) for investors.
(4) Publicize savings bonds's (electronic) policy and provide investors with information consultation on savings bonds's (electronic) issuance conditions, business operation procedures, and inquiry on the balance of national debt custody.
Members of the underwriting syndicate shall develop savings bonds (electronic) business processing system (hereinafter referred to as business processing system) to support the above business.
Article 13 When an investor purchases savings bonds (electronic) for the first time, he/she must hold a valid identity document to open a personal treasury bond account with the members of the underwriting syndicate to record the term, quantity and changes of savings bonds (electronic) held by the investor. An investor can only open one individual national debt account in the same underwriting syndicate.
If the investor has opened a personal treasury bond account with the members of the underwriting syndicate to conduct book-entry treasury bond counter transactions, the investor can directly use the account to handle savings bonds (electronic) business, and there is no need to open an account repeatedly.
Article 14 Individual treasury bonds accounts shall be registered in real-name registration system in accordance with the Provisions of real-name registration system on Individual Deposit Accounts (Order No.285 of the State Council of the People's Republic of China) and shall not be leased, lent or transferred.
Fifteenth national debt registration companies and members of the underwriting syndicate shall keep confidential the investor's personal national debt account information and the savings bonds (electronic) custody information in the account according to law.
Article 16 An investor may cancel his personal national debt account with zero trust balance at the member of the underwriting syndicate where the account is located. The members of the underwriting syndicate have the right to cancel the personal national debt account that only handles savings bonds (electronic) business for five consecutive years.
Article 17 Investors shall not handle savings bonds (electronic) transfer custody among members of the underwriting syndicate.
Article 18 When opening a personal treasury bond account, an investor shall designate the RMB personal bank settlement account of the same underwriting syndicate as the fund settlement account of the personal treasury bond account. Investors can change their accounts in fund settlement. The account holders of the fund settlement account and the personal national debt account must be the same person.
Article 19 During the issuance period, investors can subscribe for the current savings bonds (electronic) from the members of the underwriting syndicate where the individual national debt account is located. The number of single-period savings bonds (electronic) subscribed by a single individual national debt account shall not exceed the maximum purchase limit of the current individual national debt account.
Article 20 After investors successfully subscribe for savings bonds (electronic), the members of the underwriting syndicate shall provide investors with the Subscription Confirmation Letter of People's Republic of China (PRC) savings bonds (electronic) (see Annex 2 for the standard document format).
Article 21 An investor may redeem part or all of the savings bonds (electronic) held by the original underwriting syndicate members who purchased the bonds in advance within the specified time after the issuance period. Investors can only pay interest according to the conditions of early redemption of the current national debt, and pay a handling fee to the members of the underwriting syndicate according to a certain proportion of the principal redeemed in advance. After the members of the underwriting syndicate confirm that the number of savings bonds (electronic) and relevant procedures are correct, they shall immediately pay the investors the funds.
Twenty-second members of the underwriting syndicate shall pay the interest or principal in full to the investor's fund settlement account before starting business on the interest payment date or repayment date.
Article 23 If the secondary fund settlement cannot be completed normally due to the cancellation of the personal fund settlement account or incorrect account information, the members of the underwriting syndicate shall set up a special account for the funds that cannot be paid, and pay them after the investors have completed the relevant procedures.
Article 24 If savings bonds (electronic) is deducted to other individuals due to the judgment of the court, the members of the underwriting syndicate shall handle the non-transaction transfer according to the relevant regulations and the judgment results; Savings bonds (electronic) deducted to non-individuals due to court judgment shall be transferred after the funds are realized in accordance with relevant regulations and judgment results.
Twenty-fifth investors to open an account, subscription, early redemption, pledge loans, non-transaction transfer and other businesses. First, the members of the underwriting syndicate shall timely and accurately record the changes in the personal treasury bond account and savings bonds (electronic) account, and keep complete instruction records.
Where investors handle the above-mentioned business through the counters of business outlets, members of the underwriting syndicate shall provide paper business documents to investors after handling the above-mentioned business, and keep the investors' written explanations for future reference.
Twenty-sixth members of the underwriting syndicate shall at least provide investors with the inquiry service of savings bonds (electronic) changes and custody balance of individual national debt accounts through the counters of business outlets and telephones. The savings bonds (electronic) custody balance in the personal national debt account recorded by the members of the underwriting syndicate and verified by the national debt registration company is the savings bonds (electronic) amount held by the investor. The national debt registration company shall establish a telephone voice inquiry system to provide investors with savings bonds (electronic) custody balance review inquiry service.
Twenty-seventh investors have doubts about the balance of savings bonds (electronic) custody, they should first ask the members of the underwriting syndicate where the individual national debt account is located; If it cannot be solved within the time limit, it can be reported to the local financial department and the local branch of the People's Bank of China; Still unresolved, can be reflected to the Ministry of Finance and the head office of the People's Bank of China.
Twenty-eighth members of the statutory holiday underwriting syndicate shall handle the business of early redemption and debt service. If the legal holidays are within the issuance period, the members of the underwriting syndicate shall also open an individual national debt account to subscribe for savings bonds (electronic).
Article 29 From the (electronic) interest payment date and several working days before the repayment date, savings bonds stopped handling the business related to the transfer of creditor's rights, such as early payment of the current national debt, non-transaction transfer of national debt and pledge, and resumed handling from the interest payment date.
Thirtieth members of the underwriting syndicate shall not charge fees for opening personal treasury bonds accounts and savings bonds (electronic) custody services. Investors apply for opening the book-entry treasury bond counter trading function of individual treasury bond accounts, and members of the underwriting syndicate charge fees in accordance with relevant regulations.
Members of the underwriting syndicate can collect fees such as early redemption, non-transaction transfer, loss reporting and replacement of personal treasury account vouchers, and issuance of property certificates. Among them, the early redemption rate is uniformly stipulated by the Ministry of Finance and the People's Bank of China, and the other three charging standards are implemented by the members of the underwriting syndicate according to relevant regulatory requirements. Charges for other savings bonds (electronic) businesses must be reported to the Ministry of Finance and the People's Bank of China for approval. Members of the underwriting syndicate shall not charge extra fees for the relevant fund settlement accounts for savings bonds (electronic) fund settlement. Article 31 savings bonds (electronic) shall be issued on a commission basis, and the number of savings bonds (electronic) issued in each issue shall not exceed the maximum amount of national debt issuance in the current period. During the issuance period, the members of the underwriting syndicate shall sell to investors within the issuance quota, and may not entrust other institutions to sell on a commission basis. After the issuance period, the unsold issuance quota of the members of the underwriting syndicate shall be recovered and cancelled by the Ministry of Finance.
Article 32 savings bonds's (electronic) issuance quota is divided into basic consignment quota and motor consignment quota, which are allocated to the members of the underwriting syndicate respectively according to the planned allocation and competitive bidding. The specific approach is:
(1) Before the issuance, the Ministry of Finance will use all or part of the current savings bonds (electronic) maximum issuance quota as the basic consignment quota and distribute it to the members of the underwriting syndicate in proportion. The undistributed issuance quota is used as the motor consignment quota grabbed by the members of the underwriting syndicate during the issuance period.
(2) During the issuance period, the members of the underwriting syndicate can get the motor consignment quota through the system networking within the specified time according to the relevant rules. Crawling applications are processed according to the principle of time priority, and the processing results are fed back to the members of the underwriting syndicate. Members of the underwriting syndicate who illegally grab the amount of mobile consignment will be suspended or terminated from grabbing the amount of national debt issuance in this period.
(3) At the end of the issuance period, if the actual sales volume of the members of the underwriting syndicate on that day is greater than the unsold basic consignment quota at the beginning of the day, all the unsold issuance quotas will be returned to the Ministry of Finance; If the actual sales volume of the members of the underwriting syndicate on that day is less than or equal to the unsold basic consignment amount at the beginning of that day, all the motor consignment amount seized on that day will be returned to the Ministry of Finance.
(4) During the issuance period, the Ministry of Finance, together with the People's Bank of China, has the right to reduce the unsold basic consignment quota of the members of the underwriting syndicate with slow sales progress, and the reduced consignment quota will be used as the motor consignment quota for auction.
Article 33 If the People's Bank of China adjusts the benchmark deposit interest rate of financial institutions in the same period from the announcement date of the savings bonds (electronic) issuance of the Ministry of Finance to the day before the issuance date, savings bonds (electronic) will cancel the current issuance. During the issuance period, if the People's Bank of China adjusts the benchmark deposit interest rate of financial institutions with the same term, the current national debt will be stopped from the date of interest adjustment, and the unsold issuance quota will be recovered and cancelled by the Ministry of Finance.
Thirty-fourth members of the underwriting syndicate shall pay the issue money to the Ministry of Finance in full and on time as required, and the Ministry of Finance shall pay the handling fee to the members of the underwriting syndicate as agreed by both parties.
Article 35 The settlement methods of savings bonds (electronic) Tier 1 funds redeemed by investors in advance can be divided into two types: regular liquidation and non-liquidation. Regular liquidation means that the savings bonds (electronic) redeemed by investors in advance is temporarily held by the members of the underwriting syndicate, and the Ministry of Finance conducts capital settlement with the members of the underwriting syndicate on the specified date and cancels the corresponding creditor's rights. Non-liquidation means that the savings bonds (electronic) redeemed by investors in advance is held by the members of the underwriting syndicate and expires.
Article 36 The Ministry of Finance shall pay savings bonds (electronic) interest or principal to the members of the underwriting syndicate no later than the interest payment date or one working day before the repayment date.
Thirty-seventh members of the underwriting syndicate shall, after the end of daily business, transmit the data of savings bonds (electronic) business to savings bonds (electronic) business management information system in accordance with relevant regulations. The national debt registration company shall verify the business data transmitted by the members of the underwriting syndicate and feed back the verification results to the members of the underwriting syndicate the next day. Members of the underwriting syndicate shall complete all data checking and accounting adjustment on the day of receiving feedback.
Thirty-eighth members of the underwriting syndicate shall submit the following materials to the Ministry of Finance and the People's Bank of China for the record before handling savings bonds (electronic) business for the first time:
(a) the business processing system development plan of the unit.
(2) The internal test report and networking test report of the business processing system issued by the national debt registration company.
(3) savings bonds (electronic) business documents and related charging standards.
(4) Other materials required by the Ministry of Finance and the People's Bank of China.
If there is any change in the contents of the above materials, the members of the underwriting syndicate shall timely file with the Ministry of Finance and the People's Bank of China.
Article 39 An institution that no longer has the membership of the underwriting syndicate shall continue to handle all business except savings bonds (electronic) subscription for the unexpired savings bonds entrusted by it, and do a good job in the custody and fund settlement of relevant national bonds. Article 40 The Ministry of Finance shall, jointly with the People's Bank of China, supervise and inspect the savings bonds (electronic) related businesses of underwriting syndicate members and government bond registration companies, and the financial departments at all levels and local branches of the People's Bank of China shall supervise and inspect the savings bonds (electronic) businesses handled by local branches of underwriting syndicate members.
Article 41 With the authorization of the Ministry of Finance and the People's Bank of China, the national debt registration company may check the secondary custody accounts of the members of the underwriting syndicate, and the members of the underwriting syndicate shall cooperate.
Article 42 In the process of handling savings bonds (electronic) business, members of the underwriting syndicate violate the relevant laws, regulations, rules and the provisions of these Measures, or fail to implement the national debt underwriting agreement signed with the Ministry of Finance. If the circumstances are serious, the Ministry of Finance will notify them jointly with the People's Bank of China, and suspend or terminate their implementation agreement according to the provisions of the national debt underwriting agreement.
Before making a final decision, the Ministry of Finance has the right to request the members of the underwriting syndicate to suspend the savings bonds (electronic) subscription business.
Article 43 If a government bond registration company violates the relevant laws, regulations, rules and the provisions of these Measures in handling savings bonds (electronic) related business, and the circumstances are serious, the Ministry of Finance will notify it jointly with the People's Bank of China, and suggest that the competent department give disciplinary action to the main person in charge and the person directly responsible. Article 44 The meanings of the following terms in these Measures are:
(1) Issuance period: refers to the time when the members of the underwriting syndicate sell the bonds to investors according to the specific issuance time of savings bonds (electronic) stipulated by the Ministry of Finance and the People's Bank of China.
(2) Early redemption: refers to the behavior of investors to redeem the unexpired bonds from the members of the original savings bonds (electronic) underwriting syndicate within the specified time from the end of the issuance period to the repayment date.
(3) Pledged loan: refers to the behavior of investors lending funds to the members of the underwriting syndicate who originally purchased government bonds with their savings bonds (electronic) as collateral.
(4) Non-transactional transfer: refers to the (electronic) transfer of ownership of savings bonds between individuals through members of the underwriting syndicate due to non-transactional reasons such as court deduction, debt repayment, gift and inheritance.
Article 45 A national debt registration company shall, in accordance with these Measures, formulate detailed rules for the implementation of savings bonds (electronic) related businesses, which shall be implemented after being submitted to the Ministry of Finance and the People's Bank of China for approval.
Article 46 The Ministry of Finance and the People's Bank of China shall be responsible for the interpretation of these Measures.
Article 47 These Measures shall come into force on February 1 day, 2065.
In accordance with the Notice of China People's Bank of the Ministry of Finance on Printing and Distributing the Administrative Measures for savings bonds (Electronic) (Trial) (No.73 [2009] of the Treasury), the savings bonds (Electronic) issued shall still be implemented according to the relevant provisions of No.73 [2009] of the Treasury.
Attachment: 1. Interest bearing rule
2. Interest-bearing rules of People's Republic of China (PRC) * * * and savings bonds (electronic) subscription confirmation standard file format.
I. General principles
1. A year is calculated according to the actual number of days in a year.
2. The decimal places of the calculated annual coupon rate and the early redemption execution rate are as follows: 65,438+04 digits are reserved in the calculation process, 2 digits are reserved in the calculation result (referring to percentage, such as 2.565,438+0%), and 4 digits are reserved below the reserved digits.
3. Accrued interest on the interest payment date, principal repayment today, accrued interest for early redemption and interest payable are all in yuan, and 14 decimal places are reserved in the calculation process, 2 decimal places are reserved for the calculation result (accurate to the minute), and 4 decimal places are reserved below.
4. Redemption of the execution interest rate in advance and the days of deduction shall be implemented step by step according to the actual holding time (calculated from the value date to the fund settlement date, without counting the head and tail) and the provisions of the issuance notice of the current national debt.
5. For early redemption of Tier 1 funds, early redemption settlement amount = early redemption face value amount+early redemption accrued interest-early redemption accrued interest.
For the settlement of early redemption of tier 2 funds, early redemption settlement amount = early redemption face value amount+early redemption accrued interest-early redemption accrued interest-early redemption handling fee.
Two. Savings bonds (electronic) fixed interest rate interest formula for regular interest payment.
Where f is the number of interest payments per year.
Among them, according to the actual holding time, the execution interest rate can be 0 or the coupon annual interest rate, the same below.
The actual number of days in the current interest-bearing year is the actual number of days in the N+ 1 th whole year calculated from the value date of the daily year (n is the number of holding years calculated from the value date of the daily year, and N=0 for holding less than one year). The actual holding days from the last interest payment date are the actual days from the last interest payment date (inclusive) to the fund settlement date (exclusive). If the interest has never been paid before the fund is settled in advance, the previous interest payment date is the value date calculated above.
Among them, the actual number of days in the current interest-bearing year is the actual number of days in the N+ 1 th whole year calculated on a monthly basis from the value date (n is the number of holding years calculated on a monthly basis from the value date, and if it is less than one year, N=0).
Three. Savings bonds (electronic) interest formula is to repay the principal and interest at a fixed interest rate in one lump sum.
Where: n is the number of holding years calculated from month to day within one year from the value date; If the holding period is less than one year, N=0. The actual number of days in the current interest-bearing year is the actual number of days in the (N+ 1) th whole year calculated monthly from the value date. The actual holding days of the current interest-bearing year are the actual days calculated from the first day of the year N+ 1 (inclusive) to the fund settlement date of the value date (exclusive).
In which: the actual number of days in the current interest-bearing year is the actual number of days in the N+ 1 th whole year calculated from the value date of each year (n is the number of holding years calculated from the value date of each month, and if the holding is less than 1 year, N=0). People's Republic of China (PRC) savings bonds (Electronic)
Standard document format for subscription confirmation
First, the front style of the document.
Second, the text on the back of the document.
Customer notification
1. This confirmation is not a proof of creditor's rights, and is only used for accounting check. The loss will not affect the ownership of the national debt.
Two, the implementation of national debt registration in real-name registration system, shall not be transferred, but can be redeemed or pledged in advance within the prescribed time limit.
Third, you should deduct certain benefits and pay the corresponding handling fee in advance.
4. Stop the early redemption business on the interest payment date and several working days before the repayment date, and resume from the interest payment date.
5. If the interest calculation method is fixed interest rate, the execution interest rate is coupon rate.
6. Customers can print the statement through the counter or call the customer service phone of the undertaking bank to inquire about the change of their national debt balance.
7. Customers can inquire about the changes of their own national debt balance through the voice review inquiry of the China Government Securities Depository and Clearing Corporation from the next day of subscription.
Third, print instructions.
1. Voucher specification: 175× 100 (mm)
2. Margin: left 10mm, right 10mm, 0mm above and 3mm below.
3. Bank label: the place where XXXX Bank prints bank labels for all banks.
4. Color: Except the bank label, the font color is black and the paper color is white.
5. Font: The title of the table is Li Shu Xiaosan in bold, the rest is Song Wu Hao, and the leftmost column is bold.
Fourth, print instructions:
1. If the interest calculation method is fixed interest rate, this column will be printed as: fixed interest rate, coupon rate: x%.
2. In the last column, the bank chooses the printing elements by itself, and the bank signature is a required option, and the options include handling, auditing and customer signature.
3. The first copy (customer copy) of the bank that needs to be copied and printed must conform to the unified requirements, and the font color and paper color of each copy shall be customized by the bank.
Verb (verb's abbreviation) Instructions for use:
Members of the underwriting syndicate can continue to use the subscription confirmation letter in the format specified in the Notice of China People's Bank of the Ministry of Finance on Printing and Distributing the Administrative Measures of savings bonds (Electronic) (Trial) (Caiku [2009] No.73) to handle business for customers before February 3 1 day. From 20 14 1, all subscription confirmations must comply with the provisions of these measures.