Bank of China (Hong Kong) (BOCHK) has been appointed as a common depository, safekeeper, and service provider for Eurobonds by international central securities depositories (ICSDs) Clearstream Banking and Euroclear Bank.
Bank of China (Hong Kong) Limited Joins Common Eurobonds Depository Network
The move marks an expansion of the Eurobond infrastructure into the Asia-Pacific region.
Starting 1 August 2025, BOCHK will support the issuance, safekeeping, and lifecycle servicing of international securities under the Eurobond model.
The appointment follows BOCHK’s successful completion of the ICSDs’ qualification process.
The Eurobond market, valued at over €13 trillion, has long provided issuers with broad investor access and efficient capital flows.
Clearstream and Euroclear operate an interoperable settlement model, allowing seamless cross-border transactions and round-the-clock liquidity.
“This collaboration further expands the reach of the Eurobond market within the dynamic Asia-Pacific region,” said Jan Willems, Head of Global Markets at Clearstream. “BOCHK’s expertise will be invaluable in connecting APAC participants to this deep and liquid market.”
Kathleen Holemans, Head of Network Management at Euroclear, added: “We are extremely pleased to be announcing the appointment of Bank of China (Hong Kong) as common depositary for our Eurobonds.
“Eurobonds represent one of the world’s largest fixed-income markets, and we have been at its core for nearly 60 years.”
Andrew Law, Head of Custody and Trust Services at BOCHK, said the bank was proud to support greater participation from APAC issuers and investors: “We are committed to driving financial innovation and enhancing liquidity for our clients.”
