Title:
Announced Date:December 15, 2010
Date:October 28, 2015
IV. Outright Purchases of Bonds (Bills)
〈Methods for outright purchases of bonds (bills) and applicable provisions〉
22. Outright purchases of bonds (bills) will be carried out by application. The provisions in Direction 14, Paragraph 1 of Direction 15, Subparagraph 1 of Paragraph 1 and Paragraph 2 of Direction 16, Directions 17 and 19 herein shall apply mutatis mutandis to counterparties, eligible bonds (bills), methods, application operation and result notification of outright purchases of bonds (bills).
〈DVP settlement and payment upon maturity of outright purchases〉
23. The provisions in Subparagraphs 1 and 3 of Direction 20 herein shall apply mutatis mutandis to DVP settlement of outright purchases of bonds (bills). The issuer or its designated paying agent shall remit the amount payable for bonds (bills) purchased outright by the Bank into the Bank’s designated account on the maturity date of such bonds (bills).