Hong Kong Monetary Authority: Optimization arrangements for offshore RMB bond repurchase business officially launched.

According to the Hong Kong Monetary Authority, the optimized arrangement for offshore RMB bond repurchase transactions officially launched today. The Hong Kong Monetary Authority announced in July 2025 the optimized arrangement for offshore RMB bond repurchase transactions to support the reuse of collateral bonds and settlement in foreign currencies. The market has responded positively to the optimization measures. On the first trading day, trading was orderly, with over 60 transactions from at least 25 financial institutions involving an amount exceeding RMB 3 billion. Settlement currencies include RMB, Hong Kong dollars, US dollars, and euros. The Hong Kong Monetary Authority will continue to promote offshore RMB repurchase transactions with mainland relevant departments and industry players, create more policy space, create a favorable market environment, and support the development of Hong Kong's offshore RMB market.