HKEX introduces 5-year China Ministry of Finance Treasury Bond Futures


Hong Kong Exchanges and Clearing Limited (HKEX) announced that will introduce 5-year China Ministry of Finance Treasury Bond (MOF T-Bond) Futures on Monday, 10 April 2017.

HKEX’s MOF T-Bond Futures will be the offshore markets’ first futures on domestic Chinese government bonds.

HKEX is introducing the new futures to meet international investors’ growing demand for tools to manage RMB interest rate risk in anticipation of the further development and opening of the Mainland’s bond market.

MOF T-Bond Futures will be traded in Renminbi (RMB), with prices determined by the Mainland’s China Central Depository and Clearing Co Ltd, or ChinaBond, according to methodology and procedures from HKEX.

HKEX has invited Futures Exchange Participants (FEPs) to apply to serve as liquidity providers for MOF T-Bond Futures, and it is planning a joint promotion programme with FEPs, which will include sponsorship of marketing activities and support for product promotion.

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HKEX introduces 5-year China Ministry of Finance Treasury Bond Futures

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