EFP transactions on Chinese government bond futures are permitted from the listing day of the Chinese government bond futures contract until the trading day immediately preceding the last trading day. An EFP transaction on Chinese government bond futures is allowed to be reported by the seller of the futures contract and confirmed by the buyer of the futures contract from 9:15 a.m. to 3:15 p.m. on any trading day during the above period. CFFEX will confirm the reported EFP transactions on Chinese government bond futures at the same time frame as for continuous auction, i.e., from 9:15 a.m. to 11:30 a.m. and from 1:00 p.m. to 3:15 p.m. on an ordinary trading day.