Regulatory Alerts2018-09-21
Added · Updated
Renminbi Liquidity Facility Expansion of Collateral
The Hong Kong Monetary Authority expanded the eligible collateral for its Renminbi Liquidity Facility to include RMB-denominated bills issued in Hong Kong by the People’s Bank of China. This change follows a Memorandum of Co-operation signed on 20 September 2018 to facilitate the tendering and issuance of these bills through the Central Moneymarkets Unit. The revised terms and conditions governing overnight, one-day, one-week, and intraday repos are detailed in the document's annex.
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