The SFC welcomes HKEX's expansion of the scope of Chinese government bonds as margin collateral.

The SFC welcomes HKEX's expansion of the scope of Chinese government bonds as margin collateral. HKEX today expanded the scope of Chinese government bonds and Chinese policy bank bonds as eligible non-cash margin collateral to its listed derivatives clearing houses. The clearing houses have reduced the financing charges for non-cash margin collateral to 0.15% per annum. These enhancement measures help lower the financing costs of market participants and promote the sustainable development of Hong Kong's fixed income and currency market ecosystem.