Hong Kong – Exchange Fund Notes tender results

Exchange Fund Notes tender results


The following is issued on behalf of the Hong Kong Monetary Authority:

Exchange Fund Notes tender results

Tender date : February 21, 2023
Paper on offer : EF Notes
Issue number : 02Y2502
Issue date : February 22, 2023
Maturity date : February 24, 2025
Coupon   3.75% p.a.
Competitive Tender Result    
Amount applied : HK$8,600 MN
Amount allotted : HK$1,200 MN
Average price accepted (yield) : 99.74 (3.92 PCT)
Lowest price accepted (yield) : 99.72 (3.93 PCT)
Pro rata ratio* : About 28 PCT
Average tender price (yield) : 99.55 (4.03 PCT)
Non-competitive Tender Results (for applications submitted through Hong Kong Securities Clearing Company Limited)
Amount applied : Nil
Amount allotted : Nil
Allotment Price (yield) : Nil

* “Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “lowest price accepted” level.

Hong Kong – Demand notes for Government rent issued

Demand notes for Government rent issued


     The Lands Department announced today (May 27) that demand notes for Government rent in excess of $100 per annum for the half year ending June 24 in respect of properties subject to the Government Leases Ordinance (Cap. 40) and certain other properties have been issued.

     Payers can settle Government rent through various electronic means including autopay, bank automated teller machines, e-Cheque/e-Cashier’s Order, the Faster Payment System, payment by phone service (PPS), and bill payment services provided by banks and PPS on the Internet. Payment may also be made in person and in cash at designated convenience stores. For details, please visit the Treasury’s website at www.try.gov.hk.

     Payment may be made by sending a crossed cheque to PO Box No. 28000, Gloucester Road Post Office, Hong Kong, or in person to any post office. Please ensure sufficient mailing time and postage to make the delivery in order. Underpaid mail will be rejected. For locations of post offices and their opening hours, please call Hongkong Post’s enquiry hotline at 2921 2222 or visit its website at www.hongkongpost.hk.

     Government rent payers who have not received their demand notes should enquire at the Government Rent and Premium Unit of the Lands Department at 1/F, North Point Government Offices, 333 Java Road, North Point, Hong Kong, or call 2231 3033.

     Purchasers of properties are strongly advised to instruct their solicitors to ensure that Government rent has been paid to date at the time of purchase. Enquiries on outstanding accounts can be made at 2231 3033 or by email to landsd@landsd.gov.hk. An enquiry fee is payable for each property if a written confirmation of accounts position is needed.

Canada – Speaking notes for the Minister of Transport, The Honourable Omar Alghabra, Safer skies forum opening remarks


I want to begin by acknowledging that I’m joining you from Ottawa, Canada, which is situated on the traditional territory of the Algonquin and Anishinaabe Peoples.

Online event

March 29, 2022

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Good morning, Bonjour.

I want to begin by acknowledging that I’m joining you from Ottawa, Canada, which is situated on the traditional territory of the Algonquin and Anishinaabe Peoples.

I offer my deepest condolences to all affected by the recent loss of China Eastern Airlines Flight 5735.

Let me welcome everyone to the second annual Safer Skies Forum.

Je suis heureux de tous vous accueillir au deuxième forum annuel sur la sécurité aérienne.

The last month has shown us that our world order can be shaken.

Today, we must stand up and show that our commitment to peace will not be broken.

I’d like to thank those of you representing States, international organizations, and the civil aviation industry for joining us.

I want to acknowledge the other Ministers of Transport and Infrastructure who are with us today, as well as Ambassadors, the President of the International Civil Aviation Organization Council and the ICAO Secretary General and Council members.

On behalf of the Government of Canada, we must acknowledge Russia’s unjustifiable, unprovoked, and illegal invasion of Ukraine.

I especially want to thank all representatives from Ukraine who are attending the Forum.

Canada stands with you. In this forum and beyond, we will continue supporting the Ukrainian people in the face of this illegal war.

I also wish to acknowledge the swift actions of dozens of states who closed their airspace to Russia.

Aggression will not be tolerated, and there are consequences.

Remarks from the Ukrainian Chargé d’affaires will be shared at the end of this session. I want to thank him for sharing these remarks with us today.

Prenons un moment pour nous rappeler pourquoi nous sommes ici.

Aviation Disasters

When Flights MH17 and PS752 were shot down, there was a ripple effect of shared grief, suffering and sorrow.

Canadians continue to feel the pain of the loss of the 176 people who were killed on Flight PS752. Let us not forget that PS752 was brutally shot down by the Iranian regime, whose neglect for human life directly led to innocent men, women, and children being killed.

Fifty-five of whom were Canadian citizens, 30 were permanent residents and many others had ties to Canada.

I have personally met with many of the families of the victims of Flight PS752. They look to us to provide them answers, and to ensure that no other family has to experience such grief.

I wish to express our continued commitment to working with our international partners towards obtaining transparency, accountability, and justice for them.

Our response has not been perfect. But we will never stop pushing towards these goals.

When states won’t keep their skies safe, the rest of the world must step up.

The civil aviation community has a responsibility to honour the people who lost their lives to these senseless tragedies by making our skies safer, and ensuring such disasters never happen again.

Nous devons faire en sorte que de telles tragédies ne se reproduisent plus.

And I also believe that ICAO’s air accident investigation framework should be improved.

Particularly, to better address scenarios where the State of Occurrence participated in or caused the downing of a civilian aircraft.

We will continue to work with key international partners and within ICAO to prioritize the work undertaken by technical experts to review Annex 13.

This will help ensure that future air accident investigations are credible and transparent, including in conflict-of-interest situations.

As we advance this work, it’s important to properly remember those affected.

That’s why ICAO, along with the Air Crash Victims’ Families’ Federation International, recently declared February 20 as the International Day Commemorating Air Crash Victims and Their Families.

I want to highlight that the Federation has produced a video outlining their advocacy for policies and practices needed to support aircraft accident victims and their families.

Over the next couple of days, please honour them by taking a moment to watch the video on our virtual platform.

Russian Invasion of Ukraine

Canada and much of the international community is appalled by Russia’s unjustifiable and unprovoked invasion of Ukraine.

This hostile act is a blatant violation of international law. Canada strongly condemns this invasion.

Le Canada condamne fermement l’invasion de l’Ukraine par la Russie.

The war in Ukraine is a shocking, real-time example of why the Safer Skies Initiative is so important.

In this case, the global community has shown that it can come together to mitigate the risks associated with these rising tensions.

In the weeks leading up to the invasion, members of the Safer Skies Consultative Committee, or SSCC, worked with the Expert Group on Risk Information Overflying Conflict Zones.

They effectively shared key information on the deteriorating security situation, and discussed ways to align their strategies as much as possible.

In response, Canada’s Conflict Zone Information Office took immediate action to issue airspace notifications to prohibit Canadian air operators from entering airspace over and near the conflict zone.

Although this tragic and unacceptable situation is still unfolding, we have already seen how global co-operation can result in preventing situations like MH17 and PS752 from happening again.

We must continue this work to further mitigate the risks of flights in conflict zones.

Achievements and progress

The Safer Skies Initiative was built on the foundation of the work led by the Netherlands after the downing of Flight MH17.

And let me take a moment to announce, that we are co-hosting the next Safer Skies Forum with the Netherlands.

The Initiative emerged from the strong belief that we must do more to protect civilians from the risks of flying over or near conflict zones.

As we were setting up the domestic Conflict Zone Information Office as part of this Initiative last year, we benefited greatly from the experience and knowledge of our partners in the United States, France, and Germany.

I’d like to take this opportunity to thank them for their guidance.

This Office has improved our ability to monitor foreign conflict zones and quickly warn air operators of new or emerging risks.

And, in addition to notifications for the zone near Ukrainian airspace, the Office has also issued airspace notifications for several conflict zones around the world.

Canada now continuously monitors foreign air space and is working with partners to align our approaches to risk mitigation.

Canada is also chairing the SSCC, which brings together experts from States, industry, and international organizations to improve the safety and security of worldwide air travel.

In 2020, we, alongside the SSCC, created this Forum to build stronger collaboration and dialogue among the civil aviation community.

Throughout this Forum, the SSCC will present some important work from the past year, including:

A platform for rapidly sharing emerging conflict zone threat information with pilots;

An inventory of risk-mitigation strategies, that States, industry, and organizations can use to improve their positions on risk management for conflict zones; and

A list of principles to help guide States when deciding whether to close their airspace when conflict arises.

These are available for you to access on our virtual platform.

As we continue to delve into these issues and build strong international cooperation, a proposal for the SSCC to collaborate with the European Civil Aviation Conference to draft a working paper is being explored.

The intent will be to submit the working paper at the upcoming ICAO Assembly this Fall.

The discussions taking place over the next two days will be reflected in the working paper as we consolidate the draft, and I urge you to consider endorsing it once it’s finalized ahead of the next ICAO Assembly.

At the first Forum, my predecessor invited all participants to endorse a Safer Skies Commitment Statement outlining the Initiative’s core principles.

I invite all States, international organizations and industry representatives who have not already signed the Statement to do so.

This Statement is also available for you to access on the Forum’s virtual platform.

Safer Skies Forum

Aviation should be experienced with a sense of safety.

L’aviation devrait inspirer un sentiment de sécurité.

Over the next two days, we’ll share ideas, information, and best practices to strengthen the global response to risks that conflict zones pose to travellers and civil aviation.

As we learn and elaborate on strategies that will protect people and save lives, I believe the work we do together will be critical.


Canada is committed to the Safer Skies Initiative, and to continue collaborating with ICAO and the international civil aviation community to advance this important work.

I would like to extend special thanks to ICAO and SSCC members for their work on the Safer Skies Initiative. Thanks to the keynote speakers, and panelists. I look forward to hearing your valuable input.

The last few years have shown that our skies are not as safe as they need to be. Innocent people deserve safety when flying. That is our responsibility. And that is our job here today.

I will now pass it back to Kevin Brosseau, Assistant Deputy Minister, Safety and Security, Transport Canada.

Thank you. Merci.

Sad Notes From New Orleans Music World in Hurricane Ida’s Aftermath As COVID-19 Hits Home

Memphis ABC 24 Covered News of Peters Passing

Memphis ABC 24 Covered News of Peters Passing

DALLASSept. 11, 2021PRLog — Posted courtesy of Wright Enterprises San Francisco~Dallas Community Spotlight~~~

Amid the winds, rains, and all the weather-related despair, the everyday occurrences of life continue and among them is having to say a long goodbye to loved ones.  Damon Batiste of NOLA’s Royal Family of Music, the Batistes and founder of NOSACONN (New Orleans South Africa Connection), shared the news of the loss of his business partner Tommy Peters and fellow musician Bennie Pete, like Batiste, also a New Orleans cultural ambassador.

Their unexpected deaths due to COVID-19 could be considered a one-two sucker punch amid the perfect storm of the worldwide pandemic and a hurricane.  Just nine months ago, Tommy Peters, cast a great vision for the music industry’s fight against the pandemic sharing his optimism of BB King’s Blues Club New Orleans under the leadership of Batiste.

“I have all the confidence in the world that Damon Batiste will be a strong force in resisting the economic impact of the Coronavirus in New Orleans,” said Peters.  Discussing the impact of the worldwide pandemic bringing the entertainment industry to its knees, Peters talked about the economic impact on business. “Congress has got to get out of gridlock and do something to help small businesses with PPP, not just the major corporations who are more equipped to ride the storm.”

Peters’ additional comments about overcoming the pandemic’s effect can be found in the article: New Year New Vision Damon Batiste & NOSACONN Inc. Take On Call To Action For Nation’s Healing:” https://louiseagle.com/lad/new-year-new-vision-damon-batiste-nosaconn-inc-take-on-call-to-action-for-nations-healing-louiseagle-10086428.

“Tommy was a dynamic and successful businessman with a big heart,” said Batiste.  He and his wife, Liz Peters, complemented each other.  He built venues for musicians to bring healing to the world.  Tommy was a blessing in my life and will be deeply missed, added Batiste.  My prayers go out to all of the family, friends, and fellow employees all with a hole in our hearts.”

Batiste who has been traveling along the southeast with his daughters’ dog “Buddy,” who he rescued from the family home amid the onslaught of Ida’s rains and winds while his wife Johanna Maison, with daughters Nala and Leilah and son, “DJ-Damon Jr”., escaped ahead. He first landed alone with Buddy in Jacksonville Beach, Florida, about two hours from Orlando, where Peters died. He then followed his family who first stayed in Houston, Texas but eventually landed in Dallas.

Speaking from the Sheraton Galleria in Dallas, Batiste said: “I just found myself just driving in a state of unbelief.  The real storm hit and then the emotional whirlwinds of having Tommy leave us September 5th and Bennie gone, September 6th have me still trying to find my footing.  I know their inspiration to be resilient will bring us all through this.”

Batiste sent out to his worldwide network of musicians and friends from New Orleans to San Francisco to Ghana and South Africa, the news of loss with a message of condolences to Grammy-nominated Hot 8 Brass Band.  “This excerpt from the band’s website is the core of who Bennie was, a true leader and a caring icon,” added Batiste.

“Bennie was a rock in our lives. Yes, he was a leader, a teacher, and a mentor. More than that, Bennie was an inspiration to our band and to many other musicians, and the entire musical and cultural community.”  (Full Statement: http://www.hot8brassband.com/)

Complete article with mention of Peter Batiste Sr., Jon Batiste, Sir Earl Toon, Alan Blankstein, Sam Pollard and Dallas’ TBAAL Founder Curtis King posted at: http://www.wrightnow.biz/articles_view.asp?articleid=83845&columnid=2898

Damon Batiste on New Orleans Resilience at the Sheraton Galleria:


Hong Kong – Exchange Fund Notes tender results

Exchange Fund Notes tender results


The following is issued on behalf of the Hong Kong Monetary Authority:

Exchange Fund Notes tender results

Tender date : August 20, 2021
Paper on offer : EF Notes
Issue number : 02Y2308
Issue date : August 23, 2021
Maturity date : August 23, 2023
Coupon   0.15 per cent p.a.
Competitive tender result    
Amount applied : HK$14,750 million
Amount allotted : HK$1,200 million
Average price accepted (yield) : 100.04 (0.13 per cent)
Lowest price accepted (yield) : 100.00 (0.15 per cent)
Pro rata ratio* : About 21 per cent
Average tender price (yield) : 99.96 (0.17 per cent)
Non-competitive tender results (for applications submitted through Hong Kong Securities Clearing Company Limited)
Amount applied : NIL
Amount allotted : NIL
Allotment price (yield) : NIL

* “Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “lowest price accepted” level.