Three ministries have issued a notice regarding matters related to foreign institutional investors conducting bond repurchase transactions in the Chinese bond market.

The People's Bank of China, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange issued a notice regarding the bond repurchase transactions conducted by foreign institutional investors in the Chinese bond market. Domestic financial market infrastructure should formulate or revise business rules, operating guidelines, and report to the People's Bank of China, the China Securities Regulatory Commission, and other relevant financial regulatory authorities in accordance with regulations; carry out related transaction, custody, clearing, and settlement services and monitoring work, promptly handle major issues and abnormal situations, and report to the People's Bank of China, the China Securities Regulatory Commission, and other relevant financial regulatory authorities. Foreign institutional investors should sign the bond repurchase master agreement in accordance with relevant requirements, and relevant self-regulatory organizations and industry associations should file the standard version of the master agreement with the People's Bank of China, the China Securities Regulatory Commission, and other relevant financial regulatory authorities.