According to the Hong Kong Monetary Authority, the optimization of the offshore RMB bond repurchase business was officially launched today. The HKMA announced the optimization of the offshore RMB bond repurchase business in July 2025 to support the reuse of collateralized bonds and foreign currency settlement. The market responded positively to the optimization measures. The first trading day was orderly, with more than 60 transactions from at least 25 Financial Institution Groups involving more...
On July 8, HKMA today announced the optimization arrangements for the offshore RMB bond repurchase business to further facilitate the participation of "Bond Connect" investors in the offshore RMB bond repurchase business. At present, the offshore RMB repurchase business is limited to the settlement of RMB single currency. After this optimization, it can further support the settlement of foreign currencies in multiple currencies, including Hong Kong dollars, US dollars and euros, so as to facilit...