Regulatory Alerts2020-11-19
Added · Updated
Eligible Collateral for the Renminbi (RMB) Liquidity Facility
The Hong Kong Monetary Authority expanded the eligible collateral for its RMB Liquidity Facility to include offshore RMB, USD, and Euro denominated debt securities issued by the People’s Bank of China, the Ministry of Finance, and Chinese policy banks. This update, effective 19 November 2020, applies to overnight, one-day, one-week, and intraday repo transactions available to authorized institutions participating in RMB business. The revised terms and conditions specify haircuts, interest rate calculations, and operational procedures for these liquidity facilities.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share