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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 (July 15) the relevant per annum interest rate for the fourth interest payment of iBond Series due 2014 (Issue Number 03GB1407R; Stock Code: 4208) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.
According to the Issue Circular dated July 5, 2011 for the Bonds, the fourth interest payment of the Bonds is scheduled to be made on July 29, 2013, and the relevant interest rate is scheduled to be determined and announced on July 15, 2013 as the higher of the prevailing Floating Rate and Fixed Rate.
On July 15, 2013, the Floating Rate and Fixed Rate are as follows:
Floating Rate: +3.77% (Annex)
Fixed Rate: +1.00%
Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the fourth interest payment is determined and announced as 3.77% per annum.
Ends/Monday, July 15, 2013
Issued at HKT 16:00
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