Interest rate of fifth interest payment for Silver Bond Series due 2022
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The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government, announced today (January 17) the relevant per annum interest rate for the fifth interest payment of Silver Bond Series due 2022 (Issue Number 03GB2207R) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.
According to the Issue Circular dated July 4, 2019 for the Bonds, the fifth interest payment of the Bonds is scheduled to be made on January 31, 2022, and the relevant interest rate is scheduled to be determined and announced on January 17, 2022 as the higher of the prevailing Floating Rate and Fixed Rate.
On January 17, 2022, the Floating Rate and Fixed Rate are as follows:
Floating Rate: +1.82 per cent (Annex)
Fixed Rate: +3.00 per cent
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 3.00 per cent per annum.
Ends/Monday, January 17, 2022
Issued at HKT 16:30
Issued at HKT 16:30
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