河南:严禁各级政府融资平台公司和国有企业发行一年期及以下境外债券
Zheng Quan Shi Bao Wang·2026-01-10 04:00

Core Viewpoint - The Henan Provincial Government has issued the "Management Measures for Overseas Bond Issuance by State-owned Enterprises," establishing clear responsibilities and regulations for state-owned enterprises in issuing overseas bonds [1] Group 1: Regulatory Framework - State-owned enterprises are designated as the primary responsible entities for managing overseas bond issuance, requiring the establishment of management systems that cover issuance principles, procedural responsibilities, and risk prevention measures [1] - A strict prohibition is placed on government financing platform companies and state-owned enterprises from issuing overseas bonds with a maturity of one year or less [1] Group 2: Pre-Issuance Requirements - Prior to issuance, enterprises must assemble a responsible team, develop a maintenance management system for service agencies, conduct feasibility studies, and prepare risk emergency plans [1] - The funding institutions will implement classification decision-making for overseas bond issuance based on the different forms of investment in state-owned enterprises [1] Group 3: Governance and Oversight - State-owned enterprises with diversified equity must submit relevant materials to all shareholders, and decisions will be made based on the opinions provided by the funding institutions, with shareholder representatives exercising voting rights at shareholder meetings [1] - There is a requirement for state-owned enterprises to manage and control the bond issuance qualifications of their subsidiaries, clearly defining which subsidiaries are eligible to issue overseas bonds [1]