Regulatory Alerts2017-11-02
Added · Updated
Renminbi Liquidity Facility Expansion of Collateral
The Hong Kong Monetary Authority expanded the eligible collateral for its Renminbi Liquidity Facility to include USD-denominated bonds issued in Hong Kong by the Ministry of Finance of the People’s Republic of China. This change, effective 2 November 2017, adds USD2 billion in 5-year and 10-year bonds to the list of acceptable securities for overnight, one-day, one-week, and intraday repos. The revised terms and conditions governing these transactions are detailed in the accompanying annex.
Topics
monetary
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