HKEX to accept China government bonds as Swap Connect collateral

HKEX to accept China government bonds as Swap Connect collateral

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Hong Kong Exchanges and Clearing (HKEX) has welcomed the People’s Bank of China’s decision to allow Chinese government and policy financial as collateral for its Northbound Swap Connect service, which it plans to accept via its clearing subsidiary OTC Clear with a targeted launch by the end of 2024.

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