Tag: Interest

Interest on Tax Reserve Certificates ************************************      The Government Gazette published today (December 30) contains a Legal Notice to the effect that the Secretary for Financial Services and the Treasury has authorised a change in the rate of interest payable on Tax Reserve Certificates. From January 3, 2023, the new annual rate of interest will be 0.5833 per cent against the current rate of 0.4000 per cent, i.e. the new rate will be $0.0486 per month per $100.      Tax Reserve Certificates bear simple interest, and interest is calculated monthly (including part of a month) from the date of ... Read more

Interest on Tax Reserve Certificates ************************************      The Government Gazette published today (September 30) contains a Legal Notice to the effect that the Secretary for Financial Services and the Treasury has authorised a change in the rate of interest payable on Tax Reserve Certificates. From October 3, 2022, the new annual rate of interest will be 0.175 per cent against the current rate of 0.1333 per cent, i.e. the new rate will be $0.0146 per month per $100.      Tax Reserve Certificates bear simple interest, and interest is calculated monthly (including part of a month) from the ... Read more

(available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, September 1, 2022. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release. Shell’s net carbon footprint ... Read more

The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi has approved the payment of ex-gratia amount of Rs. 973.74 crore pertaining to remaining claims submitted by Lending Institutions (LIs) under Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts (1.3.2020 to 31.8.2020). Benefits:           By granting ex-gratia payment of difference between compound interest and simple interest during the six month moratorium period to distressed/vulnerable category of borrowers, irrespective of whether the borrower had availed of moratorium or ... Read more

Interest rate of second interest payment for iBond Series due 2023 ****************************************************************** 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 (November 2) the relevant per annum interest rate for the second interest payment of iBond Series due 2023 (issue mumber 03GB2311R; stock code: 4239) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.             According to the Issue Circular dated October 5, 2020 for the Bonds, the second interest payment of the Bonds is ... Read more