（PCPA注：非官方译本。当产生歧意时,应以法律中文原文为准。This English document is not an official translation．In case of discrepancy, the original Chinese version shall prevail.）

Interim Provisions of the People's Bank of China on the Administration of the Bond Lending Business in the National Inter-Bank Bond Market

People's Bank of China　　Public announcement of the People's Bank of China [2006] No．15　　2 November, 2006

For the purposes of regulating the bond lending business, safeguarding the lawful rights and interests of market participants, improving the market liquidity,the People's Bank of China has formulated the Interim Provisions on the Administration of the Bond lending Business in the National Inter-Bank Bond Market, which are hereby promulgated．

Article 1．For the purposes of regulating the bond lending business directly conducted by the participants (hereinafter referred to as market participant) in the national inter-bank bond market, safeguarding the lawful rights and interests of the market participants, improving the market liquidity, and promoting the further development of the bond market, these provisions are formulated according to the provisions of the relevant laws