Zach Anderson
Aug 13, 2025 08:40
The Hong Kong Financial Authority will maintain a young for 2-year Trade Fund Notes on August 22, 2025, providing HK$1,200 million with an rate of interest of 1.85% each year.
The Hong Kong Financial Authority (HKMA) has introduced a young for 2-year Trade Fund Notes, scheduled for August 22, 2025, with settlement set for August 25, 2025. This transfer is a part of the HKMA’s routine operations to handle the maturity of present notes, as famous of their revealed tentative issuance schedule.
Particulars of the Tender
The tender will supply a complete of HK$1,200 million in notes, with HK$5 million allotted for non-competitive tender bids accessible to the general public via the Hong Kong Securities Clearing Firm Restricted (HKSCC). Any unsubscribed quantity from the non-competitive section will probably be added to the aggressive tender, initially set at HK$1,195 million. The notes, carrying an annual rate of interest of 1.85%, will mature on August 25, 2027, with semi-annual curiosity funds.
Participation Tips
Public individuals keen on non-competitive tenders can submit bids by way of Inventory Trade Members/Brokers or instantly via HKSCC for these with Investor Accounts on the Central Clearing and Settlement System (CCASS). Aggressive tender bids should be submitted via HKMA’s Eligible Market Makers, whose present record is accessible on the HKMA’s web site. Every tender should be for quantities of HK$50,000 or multiples thereof.
Publication of Outcomes
The outcomes of the tender will probably be made out there on the HKMA’s official web site, Refinitiv display (HKMAOOE), and Bloomberg. Non-competitive bidders via HKSCC may also entry outcomes by way of their Inventory Trade Members/Brokers or instantly via CCASS terminals and telephone methods.
Extra Data
The issued notes will start buying and selling on the Inventory Trade of Hong Kong on August 26, 2025. The HKMA emphasizes that whereas all care is taken to make sure the accuracy of the knowledge offered, people ought to confirm particulars independently. The HKMA disclaims legal responsibility for any losses incurred from reliance on the knowledge.
For extra complete particulars, events can seek advice from the Data Memorandum or seek the advice of with Eligible Market Makers, HKSCC, or brokers who’re alternate individuals.
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