United States / Australia / Korea / China / New Zealand / /
Currency
USD / CNY / /
Event
Reorganization / /
Facility
centre of China / /
IndustryTerm
dollar financial infrastructure / advisory services / retail banking system / financial services / financial infrastructure / real time gross settlement / retail network / bank intermediation / low risk-return bank deposits / banking / wholesale and retail levels / settlement systems / physical infrastructure / retail products / retail demand / similar services / /
Organization
World Trade Organisation / Mandatory Provident Fund / Central MoneyMarkets Unit / QUARTERLY BULLETIN / Hong Kong Monetary Authority / Exchange Fund / regional bond centre / /
Person
Joseph Yam / /
Position
general investor confidence / Chief Executive / /
Product
Hong Kong dollar RTGS payment system / Hong Kong / /
DEVELOPING AND POSITIONING HONG KONG’S BOND MARKET1 This speech examines the role of the bond market as a channel of financial intermediation. It reviews Hong Kong’s bond market development and looks at how Hong Kong