The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (Friday) the relevant per annum interest rate for the third 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 4 July 2019 for the Bonds, the third interest payment of the Bonds is scheduled to be made on 29 January 2021, and the relevant interest rate is scheduled to be determined and announced on 15 January 2021 as the higher of the prevailing Floating Rate and Fixed Rate.
On 15 January 2021, the Floating Rate and Fixed Rate are as follows:-
Floating Rate: -0.77%1
Fixed Rate: +3.00%
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 3.00% per annum.
Hong Kong Monetary Authority
15 January 2021
***************************
|
Month |
Year-on-year rates of change in the 2014/15-based Composite Consumer Price Index (%) |
|---|---|
|
June 2020 |
+0.70 |
|
July 2020 |
-2.30 |
|
August 2020 |
-0.40 |
|
September 2020 |
-2.20 |
|
October 2020 |
-0.20 |
|
November 2020 |
-0.20 |
|
Arithmetic Average |
-0.77 |
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