Hong Kong

PBOC and HKMA Establish Mutual Bond Market Access

Beijing | 16th May 2017

In order to promote the development of the bond markets in Hong Kong and Mainland China, the People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) have approved China Foreign Exchange Trade System & National Interbank Funding Centre, China Central Depository & Clearing Co., Ltd, Shanghai Clearing House (together the “Mainland Financial Infrastructure Institutions”), together with Hong Kong Exchanges and Clearing Limited and Central Moneymarkets Unit (together the “Hong Kong Financial Infrastructure Institutions”), to collaborate in establishing mutual bond market access between Hong Kong and Mainland China (Bond Connect).

” overseas investors trade in the Mainland and Hong Kong bond markets “

Bond Connect is an arrangement that will enable Mainland and overseas investors to trade bonds tradable in the Mainland and Hong Kong bond markets through connection between the Mainland and Hong Kong Financial Infrastructure Institutions. The date of formal launch of Bond Connect will be announced separately.

Official Press Release by PBOC

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