The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (Monday) the relevant per annum interest rate for the first interest payment of Silver Bond Series due 2023 (Issue Number 03GB2312R) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.

According to the Issue Circular dated 11 November 2020 for the Bonds, the first interest payment of the Bonds is scheduled to be made on 22 June 2021, and the relevant interest rate is scheduled to be determined and announced on 7 June 2021 as the higher of the prevailing Floating Rate and Fixed Rate.

On 7 June 2021, the Floating Rate and Fixed Rate are as follows:-

Floating Rate: +0.53%1
Fixed Rate: +3.50%

Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the first interest payment is determined and announced as 3.50% per annum.

 

Hong Kong Monetary Authority
7 June 2021

***************************

1

Month

Year-on-year rates of change in the 2019/20-based Composite Consumer Price Index (%)

November 2020

-0.30

December 2020

-1.00

January 2021

+2.60

February 2021

+0.50

March 2021

+0.60

April 2021

+0.80

Arithmetic Average

+0.53

 



Source link

Is your business effected by Cyber Crime?

If a cyber crime or cyber attack happens to you, you need to respond quickly. Cyber crime in its several formats such as online identity theft, financial fraud, stalking, bullying, hacking, e-mail fraud, email spoofing, invoice fraud, email scams, banking scam, CEO fraud. Cyber fraud can lead to major disruption and financial disasters.
Digitpol can assist with all stages of cyber related incidents.

Contact Digitpol’s hotlines or respond to us online.

ASIA +85239733884
Europe +31558448040
UK +44 20 8089 9944

Write a comment:
*

Your email address will not be published.