Guotai Asset Management's corporate bond ETF becomes one of the first credit bond ETFs eligible for repurchase agreement transactions.

On June 5th, E Fund Management Co., Ltd. announced that, after applying and obtaining approval from China Securities Depository and Clearing Corporation Limited and Shanghai Stock Exchange, the corporate bond ETF E Fund can be declared as collateral for pledged repo transactions starting from June 6th. This is one of the first credit bond ETFs in the market that can conduct general collateral repo transactions. Li Yishuo, general manager of E Fund Fixed Income Specific Strategy Investment Department, stated that conducting pledged repo transactions with corporate bond ETF E Fund can help investors improve fund utilization efficiency, expand financing channels, enrich investment strategies, increase investment returns at appropriate interest rate levels, further enhance the investment value of products, and attract more investors to actively participate.