- Rules & Policy
- Overall Scheme
- Investor Admission
- Trading, Clearing and Settlement
- Service Fee
- Taxation Policy
- Onboarding
- Guidance
- Approved Investors
- E-Filing System
- Filing & Other Administrative Forms
- Translation
- Trading & Settlement
- Trading Mechanism
- Trading Calendar
- Market Makers
- Custodians
- FX Settlement Banks
- Services
- NCD Subscription
- Defaulted Bond Transfer
- Backup Trading
- Settlement Failure
- Data Interface
- FX Services
SERVICE FEE
Eligible foreign investors of the Bond Connect Scheme (“Investors”) may note the following fees and charges about Bond Connect:
CFETS
CFETS charges Investors a transaction-based fee at 0.00025% of the aggregate notional value of the traded instruments on all types of bonds (“Transaction Fee”). When the Transaction Fee of a transaction exceeds RMB1000, only RMB1000 will be charged.
Access Platform (Tradeweb/Bloomberg/MarketAxess)
Each Access Platform will charge its own fees to its Investors, including an execution fee or terminal fee as applicable to and charged owing to its business model. Investors should check with their Access Platform to understand their exposure on fees for using the services of the Access Platform.
CMU
CMU charges different categories of fees to CMU members which are normally the local custodians of Investors, including security transfer fees, cash transfer fees and custodian fees. Please refer to P.10 – 15 of the CMU Fee Schedule for detail of these fees which could be absorbed, recharged or supplemented in the fees CMU members charge Investors.
Custodians
Investors should check with their local custodians and global custodians (if applicable) to understand their exposure on fees for using the custodian services.
CFETS
CFETS charges Investors a transaction-based fee at 0.00025% of the aggregate notional value of the traded instruments on all types of bonds (“Transaction Fee”). When the Transaction Fee of a transaction exceeds RMB1000, only RMB1000 will be charged.
Access Platform (Tradeweb/Bloomberg/MarketAxess)
Each Access Platform will charge its own fees to its Investors, including an execution fee or terminal fee as applicable to and charged owing to its business model. Investors should check with their Access Platform to understand their exposure on fees for using the services of the Access Platform.
CMU
CMU charges different categories of fees to CMU members which are normally the local custodians of Investors, including security transfer fees, cash transfer fees and custodian fees. Please refer to P.10 – 15 of the CMU Fee Schedule for detail of these fees which could be absorbed, recharged or supplemented in the fees CMU members charge Investors.
Custodians
Investors should check with their local custodians and global custodians (if applicable) to understand their exposure on fees for using the custodian services.
Service Fee Policy of Bond Connect Company Limited to Access Platform
Download: Service Fee Policy of Bond Connect Company Limited to Access Platform
Last Updated on 1 July 2022
Last Updated on 1 July 2022