There are two main doctrines on the legal character of securities counter-purchase: doctrine of collateral loan and doctrine of conditional sale .
关于证券回购的法律性质，主要有抵押贷款说和附条件买卖说等两种做法和观点。
2
There are two main doctrines on the legal character of securities counter. purchase: doctrine of collateral loan and dextrine of conditional sale.
关于证券回购的法律性质，主要有抵押贷款说和附条件买卖说等两种做法和观点。
3
In view of current credit circumstances in China, balancing of interest between dealers and prevention of financial risk, characterizing securities counter-purchase as conditional sale is ar...