Transfer of the ownership of the bonds between Bank and market participants during offering period.
Bond bought (buy) or sold (sell).
Financial institutions incorporated in China, including commercial banks and their authorized branches, non-banking institutions and non-financial institutions, foreign banks licensed by PBOC to run RMB services in China, typically are state-owned commercial banks, joint-equity banks, city commercial banks, rural credit cooperatives, securities companies, financial companies or fund houses.
1. Verbal quotation on the prices between two parties;
2. Both parties sign the Bond Sales Agreement;
3. Both parties proceed according to the agreement.
Negotiate between the two parties.