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Interest rate of the third interest payment for Silver Bond Series due 2020
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The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government, announces today (December 10) the relevant per annum interest rate for the third interest payment of Silver Bond Series due 2020 (Issue Number 03GB2006R) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.

     According to the Issue Circular dated June 1, 2017 for the Bonds, the third interest payment of the Bonds is scheduled to be made on December 24, 2018, and the relevant interest rate is scheduled to be determined and announced on December 10, 2018 as the higher of the prevailing Floating Rate and Fixed Rate. 
 
     On December 10, 2018, the Floating Rate and Fixed Rate are as follows:-
 
Floating Rate: +2.43 per cent (Annex)
Fixed Rate: +2.00 per cent
 
     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 2.43 per cent per annum.
 
Ends/Monday, December 10, 2018
Issued at HKT 16:30
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