Core Points - The China Securities Regulatory Commission (CSRC) has decided to further reduce transaction costs in the bond market to support private enterprises and stabilize the economy [1][2] - The exemption of various fees for private enterprise bond financing is expected to save approximately 160 million yuan annually [1] - The Shanghai Stock Exchange and Shenzhen Stock Exchange have announced fee exemptions for bond transactions and related services from July 1, 2022, to June 30, 2025 [1][2] Summary by Sections - Transaction Cost Reductions The CSRC has implemented measures to exempt transaction fees for private enterprise bonds, including trading fees, settlement fees, and issuer service fees, aiming to enhance support for the real economy [1][2] - Specific Fee Exemptions The Shanghai Stock Exchange will not charge transaction fees for various bond types, excluding convertible bonds, and the Shenzhen Stock Exchange will exempt transaction and flow fees for bonds and asset-backed securities during the specified period [1][2] - Future Initiatives The CSRC plans to continue improving the bond financing support mechanism for private enterprises and has previously announced a series of policies to broaden financing channels for these companies [2]
证监会:民企债券交易费用应免尽免
Xin Hua Wang·2025-08-12 06:25