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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (December 8) the relevant per annum interest rate for the fifth interest payment of iBond Series due 2015 (Issue Number 03GB1506R; Stock Code: 4214) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.
According to the Issue Circular dated May 28, 2012 for the Bonds, the fifth interest payment of the Bonds is scheduled to be made on December 22, 2014, and the relevant interest rate is scheduled to be determined and announced on December 8, 2014 as the higher of the prevailing Floating Rate and Fixed Rate.
On December 8, 2014, the Floating Rate and Fixed Rate are as follows:
Floating Rate: +4.50% (Annex)
Fixed Rate: +1.00%
Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the fifth interest payment is determined and announced as 4.50% per annum.
Ends/Monday, December 8, 2014
Issued at HKT 16:31
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