News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
HKMA’s Eddie Yue: Offshore RMB Bond Repo Expansion Under Bond Connect May Be Implemented by End-Aug
The People's Bank of China (PBOC) announced a series of enhancements to the Bond Connect program, including expanding the scope of domestic investors in Southbound Bond Connect...
Reset
Send
The window will close in 5 seconds
HKMA’s Eddie Yue: Offshore RMB Bond Repo Expansion Under Bond Connect May Be Implemented by End-Aug
Close
Recommend
1
Positive
4
Negative
2
 
SHORT SELL
 
STOCK INFO

The People's Bank of China (PBOC) announced a series of enhancements to the Bond Connect program, including expanding the scope of domestic investors in Southbound Bond Connect to non-bank financial institutions such as brokers, funds, insurers, and wealth managers, apart from optimizing the mechanism for offshore repurchase (repo) transactions.

Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), revealed that Northbound Bond Connect participants can currently use eligible onshore bonds as collateral for RMB repo transactions in Hong Kong. In the future, authorities will further expand RMB repo operations, supporting re-pledging and cross-border currency repos, with corresponding optimizations to settlement and clearing arrangements expected to be implemented by the end of August 2025.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.