Shanghai Clearing House: From October 1, 2024 to September 30, 2025, continue to fully exempt all bond issuance registration fees

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On September 30th, Jin10 Data reported that the Shanghai Clearing House released a notice regarding the arrangement of fee reductions for bond issuance: From October 1st, 2024 to September 30th, 2025, the China Central Depository & Clearing Co., Ltd. (CCDC) will continue to fully waive the registration fees for all bond issuances, while simultaneously reducing the interest payment and redemption service charge rate for all bonds by 50%. In addition, in order to more accurately support the expansion of the centralized clearing mechanism and promote the high-quality development of the interbank market, for issuers of larger-scale bonds (with a product balance of over RMB 200 billion) that meet the CCDC's collateral-related qualification requirements for centralized clearing business (general repos), further full exemption from interest payment and redemption service fees will be provided.

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