Iris Coleman
Jun 19, 2025 03:27
The Hong Kong Financial Authority will conduct a young for the re-opening of 5-year HKD Authorities Bonds on June 25, 2025, providing HK$1.25 billion with an rate of interest of two.70% every year.
The Hong Kong Financial Authority (HKMA), performing on behalf of the Hong Kong Particular Administrative Area Authorities, has introduced a young for the re-opening of 5-year Hong Kong Greenback (HKD) Authorities Bonds. This tender, scheduled for June 25, 2025, marks a big transfer within the area’s monetary panorama, aimed toward reinforcing the Infrastructure Bond Programme.
Particulars of the Bond Providing
The upcoming tender will supply an extra HK$1.25 billion of the excellent 5-year Bonds, recognized by challenge quantity 05GB3005002. These Bonds will mature on Could 15, 2030, and can carry a hard and fast rate of interest of two.70% every year, payable semi-annually. On June 19, 2025, the indicative pricing for these Bonds was set at 101.75, reflecting an annualized yield of two.334%.
Eligibility and Software Course of
Participation within the tender is restricted to Major Sellers appointed beneath the Infrastructure Bond Programme. events should apply by means of these sellers, with every tender requiring a minimal quantity of HK$50,000 or its multiples. Detailed info may be accessed by means of the Hong Kong Authorities Bonds web site.
Publication and Settlement
Outcomes of the tender shall be disseminated by means of varied platforms, together with the HKMA’s web site, Bloomberg, and Refinitiv, by no later than 3:00 pm on the tender day. The settlement date for these Bonds is about for June 26, 2025.
Market Context and Proceeds Utilization
This bond issuance is a part of the institutional phase of the Infrastructure Bond Programme. The proceeds are earmarked for funding in infrastructure initiatives, aligning with the framework outlined on the Hong Kong Authorities Bonds web site. This strategic monetary maneuver is predicted to bolster the area’s infrastructure improvement initiatives.
For additional particulars, events can go to the Hong Kong Financial Authority web site.
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