HKEX to introduce five-year China Treasury Bond Futures

March 24, 2017

HONG KONG – The Hong Kong Stock Exchange will introduce five-year China Ministry of Finance Treasury Bond (MOF T-Bond) Futures on Monday, April 10. HKEX’s MOF T-Bond Futures will be the offshore markets’ first futures on domestic Chinese Government bonds.

HKEX said it 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 said it 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. www.hkex.com.hk (ATI).