After the reform of the corporate bond registration system, nearly 500 billion corporate bonds have been approved or registered
Beijing News Shell Finance News (Reporter Zhang Shuxin) On June 16, the National Development and Reform Commission held a regular press conference in June to answer questions about price trends, the issuance of registered corporate bonds, and urban settlement policies. The Beijing News reporter also interviewed a number of experts to interpret the disclosed data and policies.
On March 1 this year, in accordance with the requirements of the newly revised Securities Law and the “Notice on Implementing the Relevant Work of the Revised Securities Law” of the General Office of the State Council, the National Development and Reform Commission issued a notice stating that the issuance of corporate bonds will be changed from the approval system to Registration system.
The National Development and Reform Commission introduced the progress over the past three months at the press conference. As of June 12, 496.96 billion yuan of approved or registered corporate bonds have been approved, and 193.03 billion yuan has been issued, an increase of 38% and 38.9% respectively over the same period last year.
During this period, the National Development and Reform Commission opened a “green channel” for newly-declared bonds for companies that have been greatly affected by the epidemic and key protection companies for epidemic prevention and control. As of June 12, 76 corporate bonds of 94.57 billion yuan have been accepted through the “green channel”; the approval or registration of 15 corporate bonds in Hubei region has been accelerated through innovative support methods and simplified procedures for 17.12 billion yuan.
“At the same time, our committee has simplified the procedures for convenient bond declaration and issuance to the greatest extent, supports and helps companies reduce comprehensive financing costs, uses bond funds for production and operation and project construction as soon as possible, forms physical workloads as soon as possible, and advances the resumption of work and production in an orderly manner. Resumption of business and other work.” Meng Wei said.
Beijing News Shell Finance reporter Zhang Shuxin editor Zhao Ze proofreading Wei Zhuo