How Do I Determine the Fair Value of a Bond?

This book is based on Accounting Standards for Business Enterprises No. 22-Recognition and Measurement of Financial Instruments, Accounting Standards for Business No. 23-Transfer of Financial Assets, Accounting Standards for Business No. 24 Based on the in-depth interpretation of the four new standards such as Accounting Standards No. 37-Presentation of Financial Instruments, which focuses on case analysis in combination with business problems in bond accounting practice, it is highly targeted and operable, filling Knowledge gaps in the market.

Bond accounting and valuation

Aiming at the difficulty of determining the fair value of bonds, this book combines the bond yield curve of China National Debt Registration and Settlement Co., Ltd. with the ChinaBond yield curve, the ChinaBond valuation, and the ChinaBond index system to provide a thorough introduction to bond valuation issues from a professional perspective. Specific application guides are provided. This book has a strong guiding significance for bond front-end transactions, mid-stage risk control and back-office accountants of financial institutions such as commercial banks, securities companies, fund companies, asset management companies and rural credit cooperatives. It is also applicable to other related finance and accounting Practitioners and college teachers and students.

Part I Overview of Financial Instrument Standards

Chapter 1 Overview of Financial Instrument Standards

Section 1 Background and Characteristics of Financial Instrument Standards

Definition and classification of financial instruments

Section III Confirmation and Measurement of Financial Instruments

Section 4 Transfer of Financial Assets

Section 5 Hedging

Section 6 Listing and Disclosure of Financial Instruments

Part II Examples of New Accounting Standards for Financial Assets (Bonds) Trading

Chapter II Examples of Accounting for Bond Transactions under the New Accounting Standards

Section 1 Format of Daily Schedule of Bond Business under the New Standard

Section 2 Examples and Analysis of Transactional Financial Asset Accounting

Section III Accounting Examples and Analysis of Actual Interest Rate Method

Section 4 Accounting Examples and Analysis of Available-for-sale Financial Assets

Section 5 Accounting Examples and Analysis of Held-to-Maturity Investments (One-off Repayment Bonds)

Section 6 Accounting Examples and Analysis of Held-to-Maturity Investments (Interest Payment, One-Time Repayment of Bonds Due Once)

Section VII Examples and Analysis of Pledged Positive Repo Accounting

Section VIII Accounting Examples and Analysis of Pledged Repo

Section IX Accounting Examples and Analysis of Buyout Positive Repurchase

Section 10 Accounting Examples and Analysis of Buyout Repurchase

Section 11 Accounting Examples and Analysis of Forward Buying Transactions

Section 12 Examples and Analysis of Accounting for Forward Selling Transactions

Section XIII Examples and Analysis of Accounting for Asset-Backed Securities

Section 14 Accounting Examples and Analysis of Interest Rate Swap

Section XV Accounting Examples and Analysis of Mixed Capital Bonds

Section 16 Examples and Analysis of Warrant Accounting

Section XVII Accounting Examples and Analysis of the First Implementation of New Accounting Standards

Section 18 Impact of the implementation of the new accounting standards on various classifications

Chapter III Bond Risk Management Measurement and Bond Index

Section 1 Measurement of Bond Asset Risk Management on June 30, 2008

Section 2 Preparation of Bond Asset Risk Management Measurement Sheet

Section III Comparison and Explanation of the Institution's Bond Index and China Bond Index

Chapter 4 Capital Adequacy Ratio and Bond Choice

Section 1 Relevant regulations on capital adequacy ratios of commercial banks

Section 2 "Core Indicators for Commercial Banks' Risk Supervision"

Section III Summary Table of Capital Adequacy Ratio

Section 4 Calculation Table of On-Table Weighted Risk Assets

Section 5 Calculation Table of Off-balance-sheet Weighted Risk Assets

Chapter V Risk Management Report of Bond Business

Section 1 Statistics and Explanation of Assets and Liabilities Items

Section II Statement of Asset Impairment Loss Provisions and Explanation

Section III Income Statement and Description

Section IV Five-Class Classification and Explanation of Asset Quality

Section 5 Statistics and Explanation of Liquidity Term Gap

Section 6 Liquidity Ratio Monitoring Table and Explanation

Section VII Statement of Securities and Investments

Section VIII Statement of Foreign Exchange Risk Exposure

Section IX Risk List of Interest Rate Repricing (Transaction Account, Bank Account) and Explanation

Chapter VI Examples of Accounting and Product Design Documents for Value-added Wealth Management Products

Section 1 Examples and Analysis of Accounting for Income-added Wealth Management Products

Section 2 Example of Design Guide for Value-added Income Management Product

Section III Example of Value-added Income Financial Product Agreement

Section 4 Financial Product Reports

Chapter VII Management System of Bond Business of Financial Institutions

Section 1 × Administrative Measures for the Classification of Financial Assets and Financial Liabilities of Financial Institutions

Section 2 ×× Regulations on RMB interest rate swap business of financial institutions

Section III × Detailed Accounting Accounts of Financial Institutions Involving Bond Business

Part III ChinaBond Price Index Product Introduction

Chapter VIII ChinaBond Yield Curve

Section I Definition and Function of Yield Curve

Section 2 Principles of Compilation of China Bond Yield Curve

Section 3 Varieties and Types of China Bond Yield Curves

Section 4 Application of Debt Yield Curves

Chapter IX ChinaBond Valuation

Section 1 Introduction of ChinaBond Valuation System

Section 2 Application of ChinaBond ValuationChinaBond Valuation and New Accounting Standards

Section 3 Application of ChinaBond ValuationChinaBond Valuation and Collateral Management

Section 4 Quality Monitoring Mechanism of ChinaBond Valuation

Chapter 10 ChinaBond Index

Section 1 Introduction to Bond Index

Application of Bond Index in Bond Investment

Section 3 Compilation and Application of ChinaBond Index

Chapter 11: How to Obtain ChinaBond Data Through the Download Channel

Section I Overview

Section 2 Price Product Data Download

The third section download channel matters needing attention

Section 4 Common Problems of Download Channel

appendix

I. Notice of the China Banking Regulatory Commission on the Full Implementation of the Accounting Standards for Business Enterprises by Banking Financial Institutions

Guidelines for market risk management of commercial banks

Decision of the China Banking Regulatory Commission on Amending the Interim Measures for the Administration of Derivative Product Trading Business of Financial Institutions

4. Master Agreement on Bond Forward Trading in the National Interbank Bond Market

V. Notice of the People's Bank of China on the Development of RMB Interest Rate Swap Business

6. Notice of the China Foreign Exchange Trading Center and the National Interbank Funding Center on Issuing the "Rules for the Operation of RMB Interest Rate Swap Transactions"

Guidance on the classification of bank account risk exposure in commercial banks

Administrative Measures for the Issuance of Commercial Bank Subordinated Bonds

9. Notice of the China Banking Regulatory Commission on Establishing a Market Risk Management Measurement Reference Benchmark for Banking Financial Institutions

10. Notice of the Ministry of Finance on Printing and Distributing the "Provisions on the Accounting Treatment of Credit Asset Securitization Pilots"

XI. Opinions of the China Banking Regulatory Commission on Effectively Preventing Corporate Bond Guarantee Risks

XII.Interim Measures for the Management of Personal Banking Business of Commercial Banks

XIII. Guidelines for the Risk Management of Personal Banking Business of Commercial Banks

14. Notice of the General Office of the China Banking Regulatory Commission on Further Regulating the Personal Finance Business of Commercial Banks

15. Auditing Standards for Chinese Certified Public Accountants No. 1611-Auditing of Financial Statements of Commercial Banks

16. Auditing Standards for Chinese Certified Public Accountants No. 1632-Auditing of Derivative Financial Instruments

17. Provisions on Calculation Standards for Venture Capital Reserves of Securities Companies

18.Administrative Measures on Risk Control Indicators of Securities Companies

XIX.Implementation rules for collective asset management business of securities companies

20. Accounting Standards for Business Enterprises-Basic Standards

21, Accounting Standards for Business Enterprises No. 22-Recognition and Measurement of Financial Instruments

22. Accounting Standards for Business Enterprises No. 23-Transfer of Financial Assets

23. Accounting Standards for Business Enterprises No. 24-Hedging

24. Accounting Standards for Business Enterprises No. 30-Presentation of Financial Statements

25. Accounting Standards for Business Enterprises No. 31-Statement of Cash Flows

26. Accounting Standards for Business Enterprises No. 32-Interim Financial Report

27. Accounting Standard for Business Enterprises No. 34-Earnings per share

28. Accounting Standards for Business Enterprises No. 37-Presentation of Financial Instruments

29. Accounting Standards for Business Enterprises No. 38-First Implementation of Accounting Standards for Business Enterprises

Opinions of the Expert Working Group on the Implementation of Enterprise Accounting Standards 1

Opinions of the Expert Working Group on the Implementation of Accounting Standards for Business Enterprises 2

Opinions of the Expert Working Group on the Implementation of Enterprise Accounting Standards 3

references