Interest rate of the fourth interest payment for the series of retail green bonds due 2025

Press Releases

03 May 2024

Interest rate of the fourth interest payment for the series of retail green bonds due 2025

The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government, announced today (3 May) the relevant per annum interest rate for the fourth interest payment of the series of retail green bonds due 2025 (Issue Number: 03GR2505R; Stock Code: 4252) (the Retail Green Bonds) issued under the Government Green Bond Programme.

According to the Issue Circular dated 26 April 2022 for the Retail Green Bonds, the fourth interest payment of the Retail Green Bonds is scheduled to be made on 20 May 2024, and the relevant interest rate is scheduled to be determined and announced on 3 May 2024 as the higher of the prevailing Floating Rate and Fixed Rate.   

On 3 May 2024, the Floating Rate and Fixed Rate are as follows:

Floating Rate: +2.25%1
Fixed Rate: +2.50%

Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the fourth interest payment is determined and announced as 2.50% per annum.

 

Hong Kong Monetary Authority
3 May 2024

 

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1

Month

Year-on-year rates of change in the 2019/20-based
Composite Consumer Price Index (CCPI) (%)

October 2023

+2.70

November 2023

+2.60

December 2023

+2.40

January 2024

+1.70

February 2024

+2.10

March 2024

+2.00

Arithmetic Average

+2.25

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Last revision date : 03 May 2024