港交所推出全球首个离岸国债期货,补齐外资跨境对冲工具短板

智通财经
Aug 03
【港交所推出全球首个离岸国债期货,补齐外资跨境对冲工具短板】8月3日,香港交易所正式推出全球首个离岸中国国债期货产品——5年期中国国债期货,首批上市的9月及12月两个季月合约同步开始交易。这是全球离岸市场首只以中国国债为标的的期货产品,全程以人民币计价、交易及结算,同时支持香港公众假期交易。在此之前,境外投资者持有人民币债券资产时,缺乏便捷的离岸对冲工具,主要依靠中金所在岸国债期货或互换通等渠道管理利率风险,但两者均存在准入门槛较高或操作不够便捷的局限。产品上市首年,港交所将对所有市场参与者实行交易手续费减半优惠,单张合约标准手续费为人民币5元,优惠期内减至人民币2.5元。每张合约名义本金为人民币50万元,港交所对经纪商收取的保证金比例为1.2%,单张合约保证金约为人民币6000元,终端投资者的实际保证金由各家券商自主设定。

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