Retail Bond Issuance Programme - Recognized Dealers

A recognized dealer is an institution which is appointed by the Monetary Authority as a recognized dealer to
hold and deal in retail bonds and institutional bonds through the CMU for the Government Bond Programme.
Recognized dealers are HKSCC and the placing banks, as well as any other institutions appointed by the
Monetary Authority as recognized dealers (additional recognized dealers). Additional recognized dealers can
hold and deal in retail bonds, but cannot apply for them. This means that you cannot apply for retail bonds
through an additional recognized dealer, but after you have been allocated your retail bonds you may transfer
your holding in the retail bonds to your investment or securities account with an additional recognized dealers.

If you hold retail bonds through a placing bank, then your recognized dealer is that placing bank.

If you hold retail bonds through an additional recognized dealer, then your recognized dealer is that additional
recognized dealer.

If you hold retail bonds through an investor account with HKSCC, then your recognized dealer is HKSCC.

If you hold retail bonds through a securities broker, then your recognized dealer is HKSCC.
Click here for the latest list of Recognized Dealers appointed under the Government Bond Programme.