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Bond Connect company service fee to be cut by 60%
On December 3, Jinshi Data News: Bond Connect Company will reduce the service fee rate starting from January 1, 2025. For trading targets with a remaining maturity of one year or less, it will be reduced from 0.0015% of the face value to 0.0006%; for trading targets with a remaining maturity of more than one year, it will be reduced from 0.0030% of the face value to 0.0012%. The fee reduction this time reaches 60%, which is the largest fee reduction of Bond Connect Company in the seven years of its operation, and it is also the fourth fee reduction of the company. This move highlights the Bond Connect Company's active response to investor concerns, helps the Bond Connect mechanism develop in a positive direction, and is committed to providing practical services to the market in the long term.