In this part, I have defined pledge of securities from target and nature the two aspects on the basis of discussing concept, nature of pledge of rights and its relation to pledge of movable property.
The pledges of securities involved in the pledge-style bond repurchase, settlement collateral and other businesses shall be handled according to the relevant business rules of CSDCC.
债券质押式回购、交收担保品业务等涉及的证券质押按本公司相关业务规定办理。
3
The ordinary pledge of obligation, which is a type of pledge of rights, belongs to a mortgage with creditors rights of non-securities as its subject.