The business function of the Money Market Division is to facilitate various inter-bank money market transactions in the national inter-bank market according to the guidance by the regulatory authority. Money market products mainly refer to inter-bank short-term and medium-term financing instruments. Main products include domestic and overseas foreign-currency credit borrowing/lending; domestic RMB credit borrowing/lending, repurchasing of short-term bonds (including outright repurchasing), repurchasing of bills, transfer discounting of bills, and other short-term financing products as approved by the regulatory authority.