Global institutional investors eager to trade Chinese bond futures in Hong Kong, HKEX says

International asset managers, pension funds and insurance companies have shown strong interest in offshore China-government-bond-futures" class="entity-link entity-topic" data-entity-id="176975" data-entity-type="topic">China government bond futures, which are set to start trading in Hong Kong for the first time on Monday, according to senior stock exchange executives.The new 5-year China-government-bond-futures" class="entity-link entity-topic" data-entity-id="176975" data-entity-type="topic">China government bond futures contracts will have a size of 500,000 yuan (US$74,051). Bourse operator Hong Kong Exchanges and Clearing (HKEX) has set a low minimum margin ratio so that investors only need to invest 7,980 yuan to trade one contract.“We have contacted a wide range of international institutional investors in recent months to introduce the 5-year China-government-bond-futures" class="entity-link entity-topic" data-entity-id="176975" data-entity-type="topic">China government bond futures, and have received a very positive response from them,” said Kevin Fan, HKEX’s head of fixed income and currency product development, in a media briefing on Thursday.