BOC completed multiple "Bond Connect bonds" repurchase transactions using RMB bonds as collateral
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BOC HONG KONG (2388), as a designated market maker for the "Bond Connect" by the Hong Kong Monetary Authority, has completed multiple offshore RMB bond repurchase transactions using "Bond Connect" bonds as collateral. This new business will enhance the collateral function of onshore RMB assets in the international market, increase the interest of overseas investors in RMB assets, and support the high-level opening up of China's bond market, consolidating Hong Kong's position as a global hub for offshore RMB business
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