[Hong
Kong] Eligible Collateral for the Renminbi (RMB) Liquidity Facility
HKMA
Circulars, 19 Nov 2020
The
HKMA announced that with effect from 19 November, the list of eligible
collateral for the RMB Liquidity Facility will include the RMB, USD and Euro denominated
debt securities issued in offshore markets by the PBOC, the Ministry of Finance
of the PRC and the policy banks of the PRC.
Full
text: click here
[Singapore]
MAS enhances RMB liquidity through a new RMB 25 billion initiative for banks
MAS
News, 23 Nov 2020
The
MAS announced the launch of a new initiative to provide up to RMB 25 billion of
funding to banks in Singapore. The initiative will deepen RMB liquidity and
further strengthen banks’ ability to meet the growing RMB business needs of
their customers in Singapore and the region. With the introduction of the new
RMB 25 billion initiative, MAS will discontinue the current RMB 5 billion MAS
Overnight RMB Liquidity Facility from 23 November 2020.
Full
text: click here