The central clearing and interbank lending center will jointly launch centralized bond lending business.

Central Depository Clearing Company of National Debt and National Interbank Borrowing Center Announcement: According to the "Management Measures for Bond Borrowing Business in the Interbank Bond Market", in order to enhance market liquidity and improve settlement service efficiency, with the approval of the People's Bank of China, the Central Depository Clearing Company of National Debt and National Interbank Borrowing Center will jointly launch centralized bond borrowing business on October 10, 2025.