Asia Pacific: Ready, steady, Bond

Author: | Published: 28 Jun 2017

For Hong Kong residents, July 1 is the 20th anniversary of the territory's independence from Great Britain. But some local investors would like to think that it will also be the official date for the launch of the much-hyped Bond Connect.

While the exact launch date remains anyone's guess, what is almost certain is that foreign investors seeking to tap China's interbank bond market (CIBM) would be required to submit quotation requests of minimum RMB1 million ($147,100). The China Foreign Exchange Trade System (CFETS) published draft rules for the Bond Connect scheme...