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China Government Securities Depository and Clearing Lowers Settlement Service Fee for Market Makers' Spot Bond Trades to 75% of Standard
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China Government Securities Depository and Clearing Co., Ltd. announced that, in accordance with relevant requirements from regulatory authorities and in order to further reduce transaction and settlement costs for market makers, the company has decided to further lower the settlement service fee for spot bond transactions executed by market makers through market making from 80% of the standard rate to 75% of the standard rate. Among them, the identification and recognition of genuine market-making transactions by market makers will be based on the market-making transaction data transmitted to the company by the China Foreign Exchange Trade System. The above preferential measures will be effective from July 1, 2026 to December 31, 2028. (jl/a)
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