财政部、中国人民银行：中央和地方国库现金管理商业银行定期存款质押品按债券面值计价

Core Points - The Ministry of Finance and the People's Bank of China issued a notification regarding the management of collateral for commercial bank time deposits in treasury cash management [1] - The notification specifies that collateral for time deposits will be valued at face value of bonds, with government bonds, local government bonds, and policy financial bonds being pledged at 105%, 110%, and 110% of the treasury time deposit amount respectively [1] - The operational procedures for pledging involve commercial banks using local government bonds or policy financial bonds, following the established guidelines for government bond pledges [1] Risk Monitoring and Control - The finance department, in collaboration with relevant authorities, will enhance risk monitoring and control for commercial bank time deposits in treasury cash management, focusing on the operational risks and financial conditions of the deposit banks [2] - In cases where a deposit bank faces significant safety risks or deteriorating operational conditions that affect the security of funds, the finance department may recover funds promptly and release the corresponding bond pledges after recovery [2]