Regulatory Alerts2016-06-01
Added · Updated
Renminbi Liquidity Facility Expansion of Collateral
The Hong Kong Monetary Authority announced the expansion of eligible collateral for the Renminbi Liquidity Facility to include RMB-denominated bonds issued in London by China's Ministry of Finance. This change, effective June 2, 2016, applies to overnight, one-day, one-week, and intraday facilities available to authorized institutions participating in RMB business. The document details the revised terms, conditions, haircuts, and operational procedures for these liquidity arrangements.
Topics
monetary
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