129764786857812500_205"" Financial report "on March 13, according to securities daily reported that constructing multi-level capital market system as an important institutional innovation, high yield bond is ready.
High-yield bonds, as the name suggests, corresponding to high risk and high yield, market analysts widely expect yields of around 10%. Chairman Geng Liang during the two sessions this year in Shanghai stock exchange tableState, plans to launch in the first half of this year in Shanghai Stock Exchange exchange high-yield bonds, to solve the financing problems of small and medium enterprises.
It is understood that on the high-yield bond management requirements at the end of February, the State Council for approval, was expected after the introduction of specific provisions. The other hand, the market has been started: some investment brokerages have been reported a collection of high interest debt financing products, thereBanks said the practice is trial, next to high net worth customers with high appetite for risk of investing in high-yield debt products. High-yield bonds a credit rating below investment grade bonds
tera power leveling, also known as "junk" bonds, or "speculative grade" bonds. According to the international classification of three major credit rating agencies to bond, generally lower than BBB (BaaMoody 's) bond is defined as high-yield bonds. Problems related to qualification on the issuer, escalation management, the Commission identified the relevant standards: on the scale for small and medium enterprises; in the geographical sense, is located in developed regions, limited to Beijing, Shanghai
diablo 3 gold, Tianjin, Zhejiang, Jiangsu and Guangdong provincial and defined the type of business for high-tech enterprises, "farmers" or have the capability of independent innovation of enterprisesEnterprise rating from BBB to AA-minus enterprises (including listed companies). For investments in high-yield debt, CITIC building investment securities researcher Huang Wentao fixed income judgment, high yield bond launched the first collection of investors or to private equity, securities finance, banking products is also a potential buyer, but banks, the insurance's own funds may not beInvestment.
A State-owned bank bond trader said, as the main holders of bonds in the market, banks and insurance institutions of higher credit rating of bond investments are primarily high grade bonds. "From a risk management point of view, the current wind-controlled Bank has strict standards. We mainly deal with highly-rated bonds, minimum investment levelAt the AA level, but also on the operation was cautious, for example since the city investment bonds a credit default event last year, we have rarely touch the city investment and debt.
"He said, relatively large banks, small organizations such as the small city commercial banks, rural credit cooperatives for financial strength smaller, relatively high leverage, it is possible to credit levels are lower. A brokerage of fixed-income Department said,At present both from the interbank market and the exchange market, both investors is low.
If you want to develop high-yield debt, you should broaden the scope of qualified investors, such as opening a class c settlement account, collection allows banks financing products, brokers ' financial products, investment trust products. One of the largest state-owned bank's Asset Management Division said, for financing capital investmentHigh-yield bonds, current regulatory approach is encouraged. "We also conduct related research, expected to be launched investing in high-yield debt products. According to the attitude of the regulators, such products should be sold to the high net worth customers with high risk rating, preference, not all customers are able to purchase.
����"He said. Online statement Gold: gold onlineReproduced above, does not indicate that confirm the description
tera power leveling, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.
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