【中文版】

近期，中国人民银行发布了《关于关闭降级交易的公告》，引起了市场广泛关注。那么，什么时候关闭降级交易呢？

根据公告，自2023年6月15日起，中国人民银行将关闭降级交易。这意味着，届时金融机构将不再通过降级交易方式进行交易，而只能通过正常交易方式进行。

那么，什么是降级交易呢？降级交易是指金融机构在交易过程中，因对方信用等级下降而减少授信额度或停止交易的现象。这种交易方式容易给金融机构带来损失，因此中国人民银行决定关闭降级交易。

为什么要关闭降级交易呢？一方面，关闭降级交易可以促进金融机构的健康发展。因为金融机构可以通过正常交易方式进行授信和交易，避免因对方信用等级下降而带来的损失。另一方面，关闭降级交易也可以保护消费者的合法权益。因为金融机构不再因对方信用等级下降而减少对消费者的授信额度或停止交易，可以更好地保障消费者的利益。

总的来说，关闭降级交易是中国人民银行为了促进金融机构的健康发展、保护消费者的合法权益而采取的一项重要措施。相信这一措施的实施将会对中国的金融市场产生积极的影响。

【英文版】

Recently, the People's Bank of China issued the "Announcement on Closing Down Degraded Trading", which has attracted widespread attention in the market. So, when will degraded trading be closed down?

According to the announcement, as of June 15, 2023, the People's Bank of China will close down degraded trading. This means that financial institutions will no longer conduct trading through degraded trading methods but only through normal trading methods.

So, what is degraded trading? Degraded trading refers to the phenomenon where financial institutions reduce credit limits or stop trading due to the other party's credit rating downgrade during the trading process. This type of trading is easy to bring losses to financial institutions, so the People's Bank of China has decided to close down degraded trading.

Why close down degraded trading? On the one hand, closing down degraded trading can promote the healthy development of financial institutions. Financial institutions can conduct credit and trading through normal trading methods, avoiding losses caused by the other party's credit rating downgrade. On the other hand, closing down degraded trading can also protect consumers' legitimate rights and interests. Financial institutions will no longer reduce credit limits or stop trading for consumers due to the other party's credit rating downgrade, better protecting consumers' interests.

Overall, closing down degraded trading is an important measure taken by the People's Bank of China to promote the healthy development of financial institutions and protect consumers' legitimate rights and interests. It is believed that the implementation of this measure will have a positive impact on China's financial market.