Association of Interbank Dealers: Support private enterprises, including housing enterprises, to issue bonds, and the People's Bank of China will provide financial support through refinancing.

According to the news of China Association of Interbank Market Dealers (165438+18 October), with the support and guidance of the People's Bank of China, the Association of Dealers continues to promote and expand the bond financing support tool for private enterprises (the "second arrow") to support private enterprises, including real estate enterprises, to issue bonds for financing.

According to the news, recently, the Dealers Association has organized China Bond Promotion Company to actively carry out the credit enhancement work of some private real estate enterprises and achieved good results. Related work will be integrated into supporting tools to promote overall planning. In the future, with the expansion of the scope and scale of financing support for private enterprises to issue bonds, the role of support tools will be further brought into full play, which will help boost investor confidence, especially help stabilize and expand financing for private enterprises.

On June 1 65438+1October1day, the Association of Bank Dealers and the Real Estate Association jointly convened 2/KLOC-0 private housing enterprises, including Hui Jin, New Hope Real Estate, Dexin China, Dahua Group, Renheng Real Estate and Agile, to introduce the relevant progress of China Bond in promoting companies to increase their credit and supporting private housing enterprises to issue bonds. This symposium is also the third time that the Dealers Association has held a symposium on private housing enterprises since August.

Some real estate developers told the newspaper that they hoped the company would get stronger financing support after the forum.

The "Second Arrow" is financed by the refinancing of the People's Bank of China. It entrusts professional institutions to support private enterprises in issuing bonds and financing according to the principles of marketization and rule of law by means of guaranteeing credit enhancement, creating credit risk mitigation certificates and purchasing bonds directly. It is estimated that it can support about 250 billion yuan of private enterprise bond financing, which can be further expanded according to the situation.

20 18 in view of the financing difficulties encountered by some private enterprises, with the approval of the State Council, the People's Bank of China, together with relevant departments, adopted a "three arrows" policy combination from three financing channels: credit, bonds and equity to support private enterprises to expand financing. As the "second arrow", private enterprise bond financing support tools can effectively guide market institutions to improve risk appetite and financing atmosphere, effectively alleviate the credit contraction problem of private enterprises, promote the recovery of private enterprise financing and reduce the financing cost of private enterprises.