Market Makers for Exchange Fund Bills and Notes

Financial institutions appointed by the HKMA to promote the liquidity of the Exchange Fund Bills and Notes in the secondary market (professional market). Market makers undertake to quote two-way prices on request during normal trading hours of Exchange Fund paper (between 9:00 a.m. to 12:00 noon and 2:00 p.m. to 4:00 p.m. Monday to Friday). The rights and obligations of market makers are stated in the Information Memoranda of Exchange Fund Bills Programme and Exchange Fund Notes Programme.

See also Recognised Dealers for Exchange Fund Bills and Notes.