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什么叫非实物国库券?所谓非实物国库券,是指国库券的发行不印制实物券面,而采用电脑系统登记清算的办法进行,在交易中通过划帐的方式进行交割清算,兑付时凭能证明持有国库券的凭证办理还本付息手续。发行非实物国库券,免除了传统方式下运作的繁琐手续,有助于节约成本,提高效率,方便保管,降低风险。我国非实物国库券的发行,自1991年开始,进行小范围的试点,并取得了成功的经验。今年,国家利用上海证券交易所的网络系统,扩大了非实物国库券的发行与交易的试点范围。1月和2月,分别发行了半年
What is non-physical treasury bills? The so-called non-physical treasury bonds, refers to the issue of Treasury bonds do not print physical bonds, and the use of computer systems to register liquidation approach, the transaction by way of debit settlement settlement, when redeemed with proof Treasury bills for debt service procedures. The issuance of non-physical treasury bonds eliminates the cumbersome procedures required to operate in traditional ways, helps to save costs, improve efficiency, facilitate custody and reduce risks. Since the issuance of China’s non-physical treasuries, since 1991, we have conducted small-scale pilot projects and gained successful experience. This year, the State took advantage of the network system of the Shanghai Stock Exchange to expand the scope of pilot projects for issuing and trading non-physical treasury bills. January and February, were released for six months