Interest rate of third interest payment for Silver Bond Series due 2026
The Hong Kong Monetary Authority, as representative of the Hong Kong
Special Administrative Region Government, announced today (4 February)
the relevant per annum interest rate for the third interest payment of
Silver Bond Series due 2026 (Issue Number 03GB2608R) (the Bonds)
issued under the Retail Bond Issuance Programme of the Government Bond
Programme.
According to the Issue Circular dated 14 July 2023
for the Bonds, the third interest payment of the Bonds is scheduled to
be made on 18 February 2025, and the relevant interest rate is
scheduled to be determined and announced on 4 February 2025 as the
higher of the prevailing Floating Rate and Fixed Rate.
On 4
February 2025, the Floating Rate and Fixed Rate are as follows:
Floating Rate: +1. 90%1 Fixed Rate: +5. 00%
Based on the
Floating Rate and Fixed Rate set out above, the relevant interest rate
for the third interest payment is determined and announced as 5. 00%
per annum.
Hong Kong Monetary Authority 4 February 2025
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1
Month Year-on-
year rates of change in the 2019/20-based Composite Consumer Price
Index (%)
July 2024
+2. 50
August 2024
+2. 50
September 2024
+2. 20
October
2024
+1. 40
November 2024
+1.
40
December 2024
+1. 40
Arithmetic Average
+1. 90