Interest rate of the third interest payment for Silver Bond Series due 2019
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The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (January 29) the relevant per annum interest rate for the third interest payment of Silver Bond Series due 2019 (Issue Number 03GB1908R) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.
According to the Issue Circular dated July 15, 2016 for the Bonds, the third interest payment of the Bonds is scheduled to be made on February 12, 2018, and the relevant interest rate is scheduled to be determined and announced on January 29, 2018 as the higher of the prevailing Floating Rate and Fixed Rate.
On January 29, 2018, the Floating Rate and Fixed Rate are as follows:
Floating Rate: +1.68% (Annex)
Fixed Rate: +2.00%
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 2.00% per annum.
Ends/Monday, January 29, 2018
Issued at HKT 17:10
Issued at HKT 17:10
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