1. Transaction Fees
Transaction fees include commissions and platform fees, which are calculated as follows:
1）Commission
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Type
|
Fees
|
|
Commission
|
-
Sovereign bonds (including U.S. Treasuries, Singapore Government Securities, etc.): transaction nominal value * 0.08%
-
Corporate bonds, LGFV bonds, financial bonds, etc.: transaction nominal value * 0.16%
-
Distressed bonds (see reminder displayed on the bond details page): transaction nominal value * 0.36%
|
2）Platform Fee
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Type
|
Fees
|
|
Platform Fee
|
transaction nominal value * 0.04%
Min 2USD or 3SGD or 15CNH or 16HKD
Max 15USD or 20SGD or 110CNH or 120HKD
|
You can check the specific rate of each bond on the bond details page > Transaction Rules > Transaction Fees.
2. Custody Fees
Custody fees are charged after you buy a bond, based on the market value of your position, and will stop being charged after you sell the bond. They are frozen on a daily basis and are deducted on a monthly basis. Custody fees for a month are deducted early next month. The formula to calculate custody fees is as follows:
Custody Fee = Daily Market Value * 0.08% / 365
In particular, Market Value is calculated according to the mid-closing price (average of the Indicative Bid Price and the Indicative Ask Price).
The above fees are all exclusive of goods and services tax (GST).
