Nominal Value available to buy

1. What is the NV available to buy on cash?

The NV available to buy on cash of a bond is calculated based on the Cash Withdrawable of the payment account.

2. What is the maximum NV available to buy?

The maximum NV available to buy of a bond is calculated based on the Maximum Withdrawable Amount of the payment account. The part of nominal value exceeding the NV available to buy on cash will be financed by Futu. However orders with a nominal value exceeding the maximum NV available to buy could not be placed.

3. Can I use Futu financing to buy bonds？

By using stocks and unsettled funds in the Futu securities accounts as collateral, customers can borrow more funds from Futu to buy bonds. Using financing amplifies both gains and losses, thus clients shall have strong risk tolerance.

4. What is the margin rate for buying bonds? How is it charged?

The annualized margin rate of USD bonds is 4.8%. Interests will be charged on a natural day basis and will be deducted at the end of the month.

5. How do I buy bonds using financing?

If the NV of the order exceeds the NV Available on Cash but not the Maximum NV Available, the exceeding part will be processed as using financing automatically.

6. What should I do if I want to buy bonds but I exceed the maximum NV available?

You can increase the Cash Withdrawable or Maximum Withdrawable Amount of your payment account by depositing more money or closing part of your position.

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The licensing information in relation to companies within Futu Group is as follows:

Futu Securities International (Hong Kong) Limited

Holder of 20 licenses and participantship in providing clients with reliable securities trading services.

In Hong Kong, China: Futu HK is a licensed corporation regulated by the Securities and Futures Commission of Hong Kong (CE No. AZT137) and has obtained Type 1 Licence for Dealing in Securities, Type 2 Licence for Dealing in Futures Contracts, Type 3 Licence for Leveraged Foreign Exchange Trading, Type 4 Licence for Advising on Securities, Type 5 Licence for Advising on Futures Contracts, Type 7 Licence for Providing Automated Trading Services, and Type 9 Licence for Asset Management. Futu HK is registered as MPF Intermediary, SEHK Participant, HKSCC Direct Clearing Participant, SEHK China Connect Exchange Participant, HKSCC China Connect Clearing Participant, SEHK Options Trading Exchange Participant, SEOCH Direct Clearing Participant, HKFE Futures Commission Merchant, and HKCC Clearing Participant.

In Europe: Futu HK is a member of London Stock Exchange and Turquoise.

In Singapore: Futu HK is a trading member of Singapore Exchange Securities Trading Limited and Singapore Exchange Derivatives Trading Limited.

Futu Trustee Limited

Holder of Trust or Company Service Provider Licence (Licence No. TC006475).

Futu Lending Limited

Holder of Money Lenders Licence (Licence No. 2034/2021).

Futu Insurance Brokers (Hong Kong) Limited

Holder of Insurance Broker Company Licence (Licence No. FB1783).

Futu Inc.

A broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) (CRD: 283078/SEC: 8-69739), and a member in good standing of Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

Futu Clearing Inc.

A broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) (CRD: 298769/SEC: 8-70215), a member in good standing of Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), as well as a member of Depository Trust Company (DTC), a member of National Securities Clearing Corporation (NSCC) and the Options Clearing Corporation (OCC).

Futu Wealth Advisors Inc.

An investment advisor registered with and regulated by the U.S. Securities and Exchange Commission (SEC) (CRD: 310790/SEC: 801-119635).

Futu Futures Inc.

A licensed entity registered with the National Futures Association (NFA) (NFA ID: 0523957) and regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).

Futu Singapore Pte. Ltd.

Registered with the Monetary Authority of Singapore (MAS), Futu SG is a Capital Markets Services Licence (Licence No. CMS101000) holder with the Exempt Financial Adviser Status. Futu SG has also received approvals-in-principle for all SGX memberships. Futu SG is set to be admitted as Clearing Member of The Central Depository (Pte) Ltd (CDP) and Singapore Exchange Securities Trading Limited (“SGX-ST”), Trading Member of SGX-ST, Trading and Clearing Member of Singapore Exchange Derivatives Trading Limited (“SGX-DT”), and Depository Agent of CDP.

Futu Securities (Australia) Ltd.

A securities dealer registered with and regulated the Australian Securities and Investments Commission (ASIC). Futu AU holds the Australian Financial Services Licence (Licence No. 224663).