Central Banking

HKMA says real-time bond system ready 5-6 weeks

The real-time settlement system for yuan-denominated bond issues in Hong Kong will be ready in 5-6 weeks, HKMA chief executive Joseph Yam said in Beijing Tuesday 16 January.

Yam speaking in Beijing after he met with the People's Bank of China, said the bond issues will hopefully be launched in the first half of this year, but there is no detailed timeframe.

"I certainly hope it will be in the first half, but I cannot say exactly when," he said.

He added that the PBoC is working out quotas and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: