In China individuals are allowed an access to the interbank bond market

Almaty. February 17. Silkroadnews - The Chinese interbank market bonds opened the doors for the individuals who hadn’t have a direct access to it for a long time, Xinhua news agency informs.
The People’s Bank of China issued a regulation that allows businesses and individuals to purchase and sell bonds directly through the cashier of the bank.
    According to the document, to get the access to the interbank bond market, individuals shall have an annual income of 500 thousand yuan at least, financial assets in the amount of 3 million yuan at least, as well as at least two years’ experience of investing in securities. For businesses the access to the market will be guaranteed with the net assets of 10 billion yuan and above.
According to the experts, for such category of investors as small business or individuals the interbank bond market is an additional opportunity to preserve and increase capital. Besides, their participation in trading on the market will reduce the pressure associated with the outflow of capital and devaluation of the yuan, the experts believe.