Hong Kong Monetary Authority: Press Releases·· 3 days agoAI Score44
HKMA designates twelve banks as primary liquidity providers in the offshore RMB market and expands the related program
HKMA designates Primary Liquidity Providers and expands Scheme
AI summary
The Hong Kong Monetary Authority (HKMA) has designated twelve banks as primary liquidity providers in Hong Kong's offshore RMB market for a two-year term, effective October 27, 2026. Following this designation, the RMB repo quota for all primary liquidity providers will be increased from RMB 20 billion to RMB 22 billion. The expansion of this program will strengthen liquidity support for the offshore RMB market and reinforce Hong Kong's position as an offshore RMB business hub.
Source:Hong Kong Monetary Authority: Press Releases · hkma.gov.hk
Official updates (regulators & central banks)#Regulatory Updates#Fixed Income#Hong Kong Monetary Authority