Regulatory Alerts2014-11-03
Added · Updated
Introduction of Intraday Repo under the Renminbi Liquidity Facility
The Hong Kong Monetary Authority issued this circular on November 3, 2014, to introduce an intraday repurchase agreement facility under the Renminbi Liquidity Facility. This measure allows authorized institutions to obtain intraday liquidity support in Renminbi to manage their liquidity risk more effectively. The announcement updates the regulatory framework for Renminbi business operations and liquidity management for all authorized institutions in Hong Kong.
Topics
monetary
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