strengthen the local government bonds in 2014 since from also pilot areas

in new network on 21 May, according to the Ministry of Finance website news, recently, the Ministry of Finance issued the notice on the Cheap Kids NCAA Jerseys issuance of "local government bonds in 2014 is also the pilot approach". According to the notice, approved by the State Council in 2014, Shanghai, Zhejiang, Guangdong, Shenzhen, Jiangsu, Shandong, Beijing, Jiangxi, Ningxia, Qingdao pilot of local government bonds is also.

following is the Ministry of Finance issued the notice:

Shanghai, Zhejiang, Guangdong, Shenzhen, Jiangsu, Shandong, Beijing, Qingdao, Ningxia, Jiangxi province (area, city finance department (bureau), Wei):

is approved by the State Council in 2014, Shanghai, Zhejiang, Guangdong, Shenzhen, Jiangsu, Shandong, Beijing, Jiangxi, Ningxia, Qingdao pilot of local government bonds is also. In order to strengthen the local government bonds in 2014 since from also experimental work guidance, we formulated the "local government bonds in 2014 of spontaneous self also pilot approach". Are issued to you, please follow.

The Treasury DepartmentMay 19th

2014

Accessories

"local government bonds in 2014 of spontaneous self also pilot approach" Cheap Wisconsin Badgers Jerseys full text

the first to establish the standard of local government debt financing mechanism, strengthen the local government bonds in 2014 since from also pilot areas (hereinafter referred to as the pilot area) guidance, standardize pilot area debt repayment behavior, the enactment of this approach.

second self from or to the pilot area in the State Council approved the issue size limits, self organization mechanism of local government bond issuance, the payment of interest and repayment of principal.

third pilot areas the issuance of government bonds to implement the annual issuance management, the issuance of bonds shall not exceed the total approved Cheap Alabama Crimson Tide Jerseys by the State Council in the debt scale limits. 2014 year bonds scale limit is effective in the current year, shall not be carried forward to the next year.

The release of

fourth of a pilot area of government bonds into account type fixed rate coupon bond. In 2014 the government bonds for a period of 5 years, 7 years and 10 years, the proportion of 4:3:3 structure.

fifth pilot areas in accordance with the principle of market issuance of government bonds, the principles of openness, fairness, impartiality.

sixth pilot areas in accordance with the relevant provisions of the bond credit rating, selection of credit rating agencies. The pilot area signed with the credit rating agencies credit Cheap Boise State Broncos Jerseys agreement, clearly the rights and obligations of both parties.

seventh credit rating agencies to carry out credit rating work according to the independent, objective, fair principle, abide by credit rating rules and business rules, issued credit rating report timely.

eighth pilot regions shall disclose timely bond basic information, finance and economy and the debt situation.

ninth pilot area information disclosure according to the principle of honesty and credit, shall not have false records, misleading statements or major omissions.

tenth pilot areas set up local government bond underwriting, underwriting Cheap Arizona State Sun Devils Jerseys syndicate shall be >