Rates of interest of 2nd interest payment for Silver Bond Series due 2027
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The following is provided on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority, as agent of the Hong Kong Special Administrative Region Government, revealed today (October 9) the pertinent per year rates of interest for the 2nd interest payment of Silver Bond Series due 2027 (Issue Number: 03GB2710R) (the Bonds) provided under the Infrastructure Bond Programme.
According to the Issue Circular outdated September 30, 2024 for the Bonds, the 2nd interest payment of the Bonds is set up to be made on October 23, 2025, and the appropriate rates of interest is set up to be figured out and revealed on October 9, 2025 as the greater of the dominating Floating Rate and Fixed Rate.
On October 9, 2025, the Floating Rate and Fixed Rate are as follows:
Drifting Rate: +1.47 percent (Annex)
Fixed Rate: +4.00 percent
Based upon the Floating Rate and Fixed Rate set out above, the pertinent rate of interest for the 2nd interest payment is figured out and revealed as 4.00 percent per year.