Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that its clearing subsidiary, OTC Clearing Hong Kong Limited (OTC Clear), will start accepting Chinese Government Bonds and Policy Bank Bonds held by international investors through Bond Connect as margin collateral for all derivative transactions cleared by OTC Clear from 21 March 2025.
Since January, these bonds have already been permitted for use to cover initial margin requirements for Northbound Swap Connect transactions.
HKEX Head of Platform & Market Structure Development, Glenda So, said: “We are delighted to be supporting the expanded use of onshore RMB bonds as collateral in the offshore market. This initiative will provide greater flexibility to international investors and improve their capital efficiency, further enhancing the attractiveness of RMB-denominated assets and promoting the internationalisation of the RMB.”
OTC Clear provides clearing services for interest rate swaps (including China onshore interest rate swaps via Swap Connect), non-deliverable currency forwards, cross currency swaps and deliverable FX.
Source: HKEX
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
Framework is designed to make corporate bonds more accessible to retail investors.
-
Existing infrastructure will be combined with Canton's blockchain technology.
-
KfW will test new ways of payment processing in central bank funds during the transaction.
-
Activity during the first quarter largely reflects transactions completed in the first two months.
-
Global investors are increasing their allocation to EM Asia sovereign bond markets.