Circular to all Licensed Corporations concerning Pilot Bond Grant Scheme

10 May 2018

This circular aims to draw the attention of licensed corporations to the Pilot Bond Grant Scheme (Scheme) announced by the Financial Secretary in the 2018-19 Budget.  The Scheme covers eligible enterprises issuing bonds in Hong Kong for the first time.  The commencement date of the Scheme will be the date of the completion of legislative process for the 2018-19 Budget. The Scheme will be valid for a period of three years.

The Hong Kong Monetary Authority (HKMA) has issued a circular and a press release today providing details of the Scheme, including eligibility criteria and application process.  Interested bond issuers and arrangers are encouraged to consult the HKMA at the early stage of a bond issuance process.

Should you have any questions regarding the Scheme, please email to or Mr Seth Lau ( of the HKMA.


Licensing Department
Intermediaries Division
Securities and Futures Commission

Click here to download the document

Page last updated : 10 May 2018