Intermediaries

The Securities and Futures Commission (SFC) maintains a Public Registry of all licensed persons and institutions involved in bond markets. This includes a comprehensive list of companies and individuals who are licensed dealers, advisers, and asset managers, among others. A list of recognized dealers and market makers of Exchange Fund Bills and Notes (EFBNs) can be found by following the links provided below. EFBNs are traded actively through recognized dealers and market makers.

The Hong Kong Monetary Authority (HKMA) and the SFC are the primary regulators of the debt market. A more comprehensive discussion on market regulators and supervisory structures is available on this website under the Rules and Regulations section for Hong Kong, China.