A negotiated deposit refers to the deposit with deposit term of over five years (not including five years) that a commercial bank transacts for Chinese insurance companies and the National Council for Social Security Fund, wherein both parties will determine the interest rate, deposit term, interest settlement and payment, and punishing standard for default through negotiations.

1.Increase the using channels of social security funds and insurance capitals;

2. Acquire long term and stable interest income;

3.Help the commercial bank acquire long-term and stable capital sources.