Personal Finance
Bond Terminology
· β˜• 2 min read
1. Class C Accounts Settlement members of the interbank bond market are divided into Class A members, Class B members, and Class C members. Class A accounts are mainly commercial banks; Class B accounts are rural credit institutions, securities firms, funds, and insurers; Class C accounts are mainly non-financial institutional legal entities, whose trading settlement must be entrusted to a Class A member to handle on their behalf.