URGENT-Hong Kong to debut 5-Year Chinese government bond futures
Hong Kong is set to launch offshore Chinese treasury bond futures in August, providing a hedging tool for foreign investors in the city's financial markets.
- Country:
- China
Hong Kong will launch offshore Chinese treasury bond futures in August, regulators said on Thursday, introducing a much-needed hedging tool for foreign investors.
The Securities and Futures Commission announced that the city is targeting an August 3 launch on Hong Kong Exchanges and Clearing for its debut China Government Bond futures contracts that will use five-year CGBs as the underlying asset.
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