English
CMU OmniClear welcomes bond market enhancement measures
CMU OmniClear Limited (CMU OmniClear) today (7 July) welcomes the bond market enhancement measures announced at the Hong Kong FIC & Bond Connect Summit. Jointly announced by the People’s Bank of China (PBoC), the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC), the measures aim at reinforcing Hong Kong’s position as a leading global hub for fixed income and currency (FIC).
These enhancement measures include supporting the collaboration of financial infrastructure institutions in Hong Kong and the Chinese Mainland to develop a Hong Kong FIC electronic trading platform; further enhancing and expanding the Southbound Bond Connect – including increasing the annual investment quota, developing bond repurchase business using Southbound Bond Connect bonds as collateral, expanding the product scope to cover products with HKD bonds and RMB bonds as underlying assets, connecting to the Macao bond market; supporting the inclusion of onshore bonds issued by the Ministry of Finance and Mainland policy banks that are held under Northbound Bond Connect as eligible margin collateral at the HKFE Clearing Corporation and the SEHK Options Clearing House; and enhancing the Northbound Bond Connect operational arrangement to extend the settlement time and improve efficiency.
These developments will inject new impetus into the development of Hong Kong’s bond market by allowing investors to diversify their investment portfolios more conveniently, enabling market participants greater trading flexibility, and expanding opportunities for broader market participation.
Mr Stanley Chan, Group Chief Executive Officer of CMU OmniClear Holdings Limited and Chief Executive Officer of CMU OmniClear said, “We welcome the announcement of these strategic enhancements. They represent a significant step towards further deepening market connectivity among the Chinese Mainland, Hong Kong and Macao, boosting market activities by enriching Bond Connect products as well as improving overall market liquidity and operational efficiency. CMU OmniClear will continue to facilitate the effective implementation of these measures together with relevant financial market infrastructures, which upon full rollout, are expected to further cement Hong Kong’s standing as a premier global FIC hub.”
CMU OmniClear Limited
7 July 2026
About CMU OmniClear
CMU OmniClear, established in October 2024, is a market infrastructure operator. CMU OmniClear is responsible for the operations and business development activities of Hong Kong’s central securities depository infrastructure, the Central Moneymarkets Unit (CMU) system, on behalf of the Hong Kong Monetary Authority. By the end of June 2026, assets under custody of CMU exceeded HK$5.5 trillion equivalent.
CMU OmniClear drives efficiency and innovation to serve issuers and investors in the Hong Kong market, while facilitating cross-border investment between the Chinese Mainland and international capital markets through world-class securities safekeeping, settlement, asset servicing and collateral management.
www.CMUOmniClear.com
For media enquiries, please contact the press office of CMU OmniClear at cmuoc_press@hkma.gov.hk.
These enhancement measures include supporting the collaboration of financial infrastructure institutions in Hong Kong and the Chinese Mainland to develop a Hong Kong FIC electronic trading platform; further enhancing and expanding the Southbound Bond Connect – including increasing the annual investment quota, developing bond repurchase business using Southbound Bond Connect bonds as collateral, expanding the product scope to cover products with HKD bonds and RMB bonds as underlying assets, connecting to the Macao bond market; supporting the inclusion of onshore bonds issued by the Ministry of Finance and Mainland policy banks that are held under Northbound Bond Connect as eligible margin collateral at the HKFE Clearing Corporation and the SEHK Options Clearing House; and enhancing the Northbound Bond Connect operational arrangement to extend the settlement time and improve efficiency.
These developments will inject new impetus into the development of Hong Kong’s bond market by allowing investors to diversify their investment portfolios more conveniently, enabling market participants greater trading flexibility, and expanding opportunities for broader market participation.
Mr Stanley Chan, Group Chief Executive Officer of CMU OmniClear Holdings Limited and Chief Executive Officer of CMU OmniClear said, “We welcome the announcement of these strategic enhancements. They represent a significant step towards further deepening market connectivity among the Chinese Mainland, Hong Kong and Macao, boosting market activities by enriching Bond Connect products as well as improving overall market liquidity and operational efficiency. CMU OmniClear will continue to facilitate the effective implementation of these measures together with relevant financial market infrastructures, which upon full rollout, are expected to further cement Hong Kong’s standing as a premier global FIC hub.”
CMU OmniClear Limited
7 July 2026
About CMU OmniClear
CMU OmniClear, established in October 2024, is a market infrastructure operator. CMU OmniClear is responsible for the operations and business development activities of Hong Kong’s central securities depository infrastructure, the Central Moneymarkets Unit (CMU) system, on behalf of the Hong Kong Monetary Authority. By the end of June 2026, assets under custody of CMU exceeded HK$5.5 trillion equivalent.
CMU OmniClear drives efficiency and innovation to serve issuers and investors in the Hong Kong market, while facilitating cross-border investment between the Chinese Mainland and international capital markets through world-class securities safekeeping, settlement, asset servicing and collateral management.
www.CMUOmniClear.com
For media enquiries, please contact the press office of CMU OmniClear at cmuoc_press@hkma.gov.hk.
