Hong Kong Monetary Authority

Acceptance of Bond Connect securities and offshore CMOF bonds as collateral at HKCC & SEOCH

CMU Newsletter Issue 17

Strengthened market infrastructure with enhanced capabilities, streamlined operations and improved connectivity.

Under the CMU Triparty Repo arrangement, Northbound Bond Connect participants can use onshore bonds as collateral to conduct RMB repo business in Hong Kong.

To facilitate greater international participation in the Hong Kong bond market, eligible institutions such as financial institutions regulated or supervised by a recognised authority outside Hong Kong, sovereigns and supranational institutions, can now apply for CMU membership.

Bond Connect is a mutual bond market access scheme between Hong Kong and Mainland, built to promote the development of the bond markets in Hong Kong and Mainland.

Over the years, the CMU has expanded its range of CSD services to the market. Check out our range of service and debt securities coverage to understand how we can assist members with their various needs.

The CMU has established different cross-border linkages with regional CSDs and ICSDs. Explore how our members can lodge, settle and hold cross-border debt securities through these linkages.