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"Northbound Swap Connect" Extends Product Contract Term to 30 Years
1 week ago /
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Author：小编
The Hong Kong Exchanges and Clearing Limited (HKEX) has announced a significant development in its product offerings. Under the guidance and support of the regulatory authorities of both Hong Kong and Mainland China, its subsidiary, Hong Kong OTC Clearing Limited, has successfully collaborated with the China Foreign Exchange Trade System (CFETS) and Shanghai Clearing House. This partnership has led to the extension of the contract term for "Northbound Swap Connect" products to 30 years, thereby addressing the need for ultra-long-term interest rate management tools.
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