TREE NEWS update: Hong Kong Exchanges and Clearing (HKEX) will launch an interest rate swap contract linked to the China 7-day deposit institution repurchase fixing rate (FDR007) under Swap Connect before year-end, said Yu Xueqin, head of market division, at the HKEX China Opportunities Forum. The move aims to enhance offshore investors’ risk management tools.
HKEX to Launch FDR007 IRS Under Swap Connect by Year-End
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