Bill market: The trading volume of commercial bills in the whole market was 9.2 billion. Among them, the weighted average interest rate of 3-month varieties is 1.3292%, and the weighted average interest rate of 6-month varieties is 1.5808%.
Announcement of the list of TOP transactions of recent commercial bill discounts by banks and enterprises
AVIC (Aviation Industry Corporation of China)
Discounted interest rate of 3.6% per annum
1. AVIC Optoelectronics Technology Co., Ltd
2. China Aerospace Water Shuttle Industry Co., Ltd
3. AVIC Aircraft Landing Gear Co., Ltd
4. CAIGA South China Aircraft Industry Co., Ltd
5. China Aviation Industry Standard Parts Manufacturing Co., Ltd
6. Beijing Institute of Aeronautical Precision Machinery, Aviation Industry Corporation of China
Hangfa Group (Aero Engine Corporation of China)
Discounted interest rate of 3.6% per annum
1. AECC Cableforce Machinery Co., Ltd
2. AECC South Industry Co., Ltd
3. AECC Beijing Institute of Aeronautical Materials
4. AECC Changchun Control Technology Co., Ltd
5. AECC Guizhou Liming Aviation Power Co., Ltd
6. AECC Xi'an Power Control Technology Co., Ltd
7. AECC Shenyang Liming Aero Engine Co., Ltd
The partial credit list and discount rate of commercial bills are as follows
| Company Name, Discount Rate (%) |
| China National Petroleum Changqing Oilfield Company Commercial Bill Discounting, 3.2 |
| China National Petroleum Xinjiang Oilfield Company Commercial Bill Discounting, 3.4 |
| China National Petroleum and Natural Gas Sixth Construction Commercial Bill Discount, 3.1 |
| China Petroleum and Natural Gas No. 1 Construction Commercial Bill Discount, 3.0 |
| China's No. 1 Heavy Machinery Commercial Bill Discount, 3.5 |
| China National Petroleum Group Bohai Petroleum Equipment Manufacturing Liaohe Thermal Mining Machinery Manufacturing Branch Commercial Bill Discounting, 3.3 |
| Dongfang Electric Wind E-commerce Ticket Discounting, 3.2 |
| China National Petroleum Corporation Great Wall Drilling Project Commercial Ticket Discount, 3.1 |
| Aerospace Elite Business Ticket Discounting, 3.6 |
| Wuhan Iron and Steel Group Commercial Bill Discounting, 3.0 |
| Discounting of commercial bills of Luoyang 202 Hospital, China Air-to-Air Missile Research Institute, 3.3 |
| AECC Aviation Technology Commercial Ticket Discounting, 3.4 |
| Baoshan Iron & Steel Commercial Bill Discounting, 3.1 |
| Ouyeel Industrial Products Commercial Bill Discounting, 3.2 |
| PowerChina Road & Bridge Group Commercial Bill Discounting, 3.3 |
| PowerChina Shandong Electric Power Construction Commercial Bill Discount, 3.0 |
| Discounting of commercial bills of Sinosteel Equipment, 3.4 |
| CRRC Shijiazhuang vehicle commercial ticket discounting, 3.5 |
| Discounting of commercial bills of the 14th Engineering Bureau of China Water Resources and Hydropower, 3.2 |
| China Power Construction Commercial Bill Discounting, 3.3 |
| Discounting of commercial bills of the Third Engineering Bureau of China Water Resources and Hydropower, 3.6 |
| China Railway 16th Bureau Group Commercial Bill Discounting, 3.1 |
| China Railway 20th Bureau Group Commercial Bill Discounting, 3.4 |
| China Railway 21st Bureau Group Commercial Bill Discount, 3.5 |
| China Aerospace Science and Technology Corporation Commercial Bill Discounting, 3.0 |
| China Ordnance Materials Group Commercial Bill Discounting, 3.1 |
| China Shipbuilding Industry Commercial Bill Discounting, 3.3 |
| China Construction First Bureau Group Construction and Development Commercial Ticket Discount, 3.2 |
| China Railway 18th Bureau Group Commercial Bill Discounting, 3.4 |
| China Railway Materials Group Commercial Bill Discounting, 3.5 |
| China Railway Bridge Bureau Group Commercial Ticket Discounting, 3.0 |
| China Railway Guangzhou Engineering Bureau Group Commercial Bill Discounting, 3.1 |
| China Railway Eighth Bureau Group Commercial Bill Discounting, 3.3 |
| CRRC Commercial Ticket Discounting, 3.5 |
| China State Construction Group Commercial Bill Discounting, 3.4 |
| China National Nuclear Corporation Commercial Bill Discounting, 2.9 |
| China Water Conservancy & Electric Power Materials Group Commercial Bill Discounting, 3.4 |
| Dongfang Electric Group Dongfang Electric Commercial Bill Discounting, 3.2 |
| Dongfang Electric Group Dongfang Steam Turbine Commercial Ticket Discount, 3.5 |
| Dongfang Electric Group Dongfang Boiler Commercial Bill Discounting, 3.6 |
| Dongfang Electric Group Wind Power Bill Discounting, 3.3 |
| Dongfang Electric Group automatically controls commercial bill discounting, 3.0 |
| Dongfang Electric Group Qineng (Shenzhen) Technology Commercial Bill Discounting, 3.4 |
| PetroChina Bohai Drilling Commercial Bill Discounting, 3.1 |
| Shanghai Ouyeel Procurement Information Technology Commercial Bill Discounting, 3.3 |
| AECC Xi'an Power Control Technology Commercial Ticket Discount, 3.4 |
| China Aviation Industry Supplier Ticket Discounting, 3.0 |
| China Railway Construction Group East China Branch Commercial Bill Discounting, 3.5 |
| Discounting of commercial bills of Shenyang Foundry Research Institute of China Machinery General Institute Group, 3.6 |
| Shijiazhuang Aircraft Industry Commercial Ticket Discounting, 4.0 |
| Shanxi Lu'an Mining (Group) commercial bill discounting, 3.3 |
| Shanghai Electric Nuclear Power Equipment Commercial Bill Discounting, 3.2 |
| Baoji Petroleum Machinery Pump Industry Branch Commercial Bill Discount, 3.4 |
| Kunming Iron & Steel Holdings' commercial bill discounting, 3.1 |
| Shandong power transmission and transformation equipment commercial bill discount, 3.5 |
| Xinjiang Yili Iron & Steel Commercial Bill Discount, 3.0 |
| Shanghai Boiler Manufacturer Ticket Discounting, 3.4 |
| Shanghai Electric Group Shanghai Electric Manufacturers Ticket Discounting, 3.2 |
| China Nuclear Industry No.23 Construction Commercial Bill Discount, 2.9 |
| Discounting of commercial bills for environmental protection projects of Shanghai Electric Power Station, 3.3 |
| Zhongtian Construction Group Commercial Bill Discounting, 3.1 |
| Shandong high-speed commercial bill discounting, 3.0 |
| China Railway 15th Bureau Group Commercial Bill Discounting, 3.5 |
| Xi'an Aerospace Automation Commercial Bill Discounting, 3.6 |
| Guizhou Anji Airlines precision casting commercial ticket discounting, 3.4 |
| Guizhou Xin'an Aviation Machinery Commercial Ticket Discount, 3.2 |
| AVIC Xi'an Aircraft Industry (Group) Commercial Ticket Discounting, 3.1 |
| Wuhan Aviation Instrument Commercial Ticket Discounting, 3.3 |
| China Aerospace Water and Aviation Industry Commercial Ticket Discount, 3.5 |
| Shaanxi Aircraft Industry (Group) Commercial Bill Discounting, 3.4 |
| Shaanxi Aviation Industry Development Group Commercial Ticket Discounting, 3.2 |
| Huiyang Airlines propeller commercial ticket discount, 3.0 |
| Shenyang Huaxing Machinery Commercial Bill Discounting, 3.3 |
| Zhengzhou aircraft equipment commercial ticket discount, 3.1 |
| AVIC General Aircraft Commercial Ticket Discounting, 3.2 |
| Dongfang Electric Group Commercial Bill Discounting, 3.4 |
| China Electronics Technology Group Commercial Bill Discounting, 3.1 |
| CSSC Shuangrui (Qingdao) Marine Environmental Engineering Commercial Ticket Discounting, 3.5 |
| Luoyang Shuangrui Precision Casting Technology Commercial Bill Discount, 3.4 |
| Lianyungang Jereh Commercial Ticket Discounting, 3.3 |
| Shanghai Jereh Electronic Commercial Ticket Discounting, 3.0 |
| Xi'an Kunlun Industry (Group) commercial bill discounting, 3.1 |
| Discounting of mechanical commercial bills in northern Henan, 3.4 |
| Henan Plain e-commerce ticket discounting, 3.5 |
| Shanxi diesel engine industry commercial bill discount, 3.6 |
| Shanxi Limin Industrial Commercial Bill Discounting, 3.2 |
| Inner Mongolia First Machinery Group Commercial Bill Discounting, 3.0 |
| Xi'an North Optical E-commerce Ticket Discounting, 3.4 |
| Beijing North Vehicle Group Commercial Ticket Discounting, 3.3 |
| Jinxi Industrial Group Commercial Bill Discounting, 3.1 |
| China North Industries Group Commercial Bill Discounting, 3.5 |
| China Railway Seventh Bureau Group Commercial Ticket Discounting, 3.2 |
| Pangang Group Commercial Bill Discounting, 3.1 |
| Benxi Iron & Steel Group Commercial Bill Discounting, 3.4 |
| HBIS Group Commercial Bill Discounting, 3.3 |
| Baosteel Group's commercial bill discounting, 3.0 |
| Taiyuan Iron & Steel (Group) commercial bill discount, 3.2 |
| CRRC Taiyuan Locomotive and Rolling Stock Commercial Ticket Discount, 3.5 |
Extend your knowledge of bills
Do I still have to pay interest when the commercial bill is redeemed when it is due?
Do I need to pay interest on commercial bills when they are due? The answer to this question is clear: no interest is paid on commercial bills when they are due. Only when the commercial bill is discounted before it matures, the corresponding interest expense will be incurred.
Why does commercial bills not require interest when they are redeemed at maturity?
A commercial bill (commercial acceptance bill) is a kind of payment voucher issued by an enterprise and unconditionally paid to the bearer on a specified date. When the commercial bill expires, the bearer submits the bill to the bill company, and the company will pay according to the amount of the bill. Therefore, there is no interest charge involved in this process, as it is only the amount that would have been payable on the cashed note.
Why does early discounting have interest?
If the bearer needs to cash out the unexpired commercial bill in advance, he will choose to discount. At this time, the bearer sells the bill to a bank or other financial institution, and the bank pays the remaining amount after deducting a certain amount of interest. These interest rates are the costs that the bearer will need to pay to cash the note in advance. The discount rate of different commercial bills will be different due to factors such as the qualification of the enterprise, market demand, and the remaining term.
Proceeds from holding expiring commercial bills
Holding a maturing commercial bill not only does not require interest to be paid, but may also bring income. If the bearer buys a commercial ticket at a price lower than the par value and redeems it at maturity, he will receive the difference in price. This makes commercial bills have a certain investment value and strong liquidity in the market.
No interest is required to be paid on commercial bills when they are due, and interest charges will only be incurred if they are discounted in advance when they are not due. Bearers should pay attention to the discount rates of different bills when operating discounts to maximize their own returns.