How long is HKSI Paper 10?
40 multiple-choice questions in 60 minutes. The pass mark is 70%, equivalent to 28 correct answers.
HKSI LICENSING EXAMINATION
HKSI Paper 10Credit Rating Services
Paper 10 covers credit analysis, rating processes and different issuer types. A rating concerns credit risk; a bond’s market price also responds to interest rates and other factors.
- Questions
- 40 MCQ
- Duration
- 60 minutes
- Pass mark
- 70% · 28/40
HKSI PAPER 10 · REVISION DESK
Paper 10: Credit risk and market-price risk
Paper 10 covers credit analysis, rating processes and different issuer types. A rating concerns credit risk; a bond’s market price also responds to interest rates and other factors.
Try this revision exercise
A bond price can move while its issuer’s rating remains unchanged. Separate repayment capacity, interest rates and liquidity, and specify which risk the question asks about.
An original learning exercise, not an official exam question or a frequency claim.How to organise revision
Distinguish credit and market risk; compare corporate, financial-institution and sovereign analysis; map the rating process and surveillance.
Official eStudy Guide：v3.1 Verify the edition ↗
HKSIPapers provides a guide and official-source links for Paper 10. A dedicated question bank or app for this paper is not currently available.
What to study for Paper 10
- Credit and ratings: credit risk, uses of ratings and their limitations.
- Rating workflow: analysis, quality controls, surveillance and updates.
- Issuer analysis: distinctions between corporates, financial institutions and public-sector bodies.
- Other applications: structured-finance and sovereign credit analysis.
This is a reading map; use the official learning outcomes to check the full scope.
Open the official syllabus and learning outcomes ↗Paper 10 enrolment, dates and fee
The Hong Kong examination fee is HK$1,620. Frequency: Quarterly in Hong Kong; monthly globally. The computer-based exam is available in English and Traditional Chinese. Select an available session in the official portal and check its application deadline before paying.
Official exam overview and enrolment ↗Paper 10 past papers and sample questions
The official sample-practice page includes this paper. These examples help you understand question style; they are not a complete past examination paper.
Check official sample availability ↗Passing rate and your revision decision
The official monthly average is 60% across 2025-09–2026-04. This averages published monthly percentages; it is not a candidate-weighted total or your individual chance of passing. Read the monthly table alongside your own errors.
Paper 10 monthly pass-rate table →Frequently asked questions
Which Paper 10 study guide should I use?
The official eStudy Guide is v3.1. Check the official version table before your exam; Papers 15 and 16 share a guide.
Does HKSIPapers have a Paper 10 question bank?
This paper currently has a guide and official-source links on HKSIPapers, but no dedicated app or question bank. The revision exercise is independently written.
