Now you can trade book-entry T-Bond online (buy or sell) and check the price, balance in the bond account and closing details.
>>T-Bond Details:
A group of functions for checking the latest price, history price and basic details of T-Bond available for trading via Internet Banking;
>>Trade T-Bond:
A group of functions for subscribing new T-Bond at issuance or buy/sell bonds held on hand;
>>Accounting Details:
A group of functions for checking bank account, balance in custody A/C and trading details on T-Bond;
>>Manage T-Bond A/C:
A group of functions for the opening and cancellation of Custody A/C, assign and report loss of bank account for trading T-Bond;
You have not opened a T-Bond custody account. Follow the steps below to open one if you wish to buy/sell T-bonds.
Step 1: Check out the type of your registration card for Internet Banking
Check if the registration card is any one among Money Link Card, E-Age Card, Elite Club Account or ICBC (Asia) Wealth Card. If you have an ICBC bank card already opened for the Custody A/C, then add it as the registration card for Internet Banking at ICBC business office, go to Step 3;
Step 2: Open T-Bond Custody A/C
Click Open T-Bond Custody A/C to open one,Please be informed that only one such account can be opened in one ICBC Area. Handling charge is RMB 10.00. The registration card you assigned during opening of account will be your bank account for trading bonds. All monies will be deducted from the card when you buy/sell bond.
Step 3: Invest to buy/sell T-Bond
After the account is opened, you can Buy during trading hours and Sell later.
Glossary:
Book-entry T-Bond: Treasury bill issued by the Ministry of Finance and an investor's ownership is evidenced by his/her bond custody account. An investor no longer needs to hold the physical certificates, instead he/she is required to open a bond custody account with an approved bond custodian to record his/her holdings.
Trade Book-Entry T-Bond: ICBC enters into deals with investors via electronic banking system, together with services on custody and settlement.
Investor: Individuals holding valid ID are all eligible to open custody account either at ICBC Counter or Internet Banking, and proceed to buy/sell once the account is opened.
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