Interest rate of the interest payment on maturity date for iBond Series due 2015

Press Releases

08 Jun 2015

Interest rate of the interest payment on maturity date for iBond Series due 2015

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (Monday) the relevant per annum interest rate for the interest payment on maturity date of iBond Series due 2015 (Issue Number 03GB1506R; Stock Code: 4214) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme. 

According to the Issue Circular dated 28 May 2012 for the Bonds, the interest payment on maturity date of the Bonds is scheduled to be made on 22 June 2015, and the relevant interest rate is scheduled to be determined and announced on 8 June 2015 as the higher of the prevailing Floating Rate and Fixed Rate.  

On 8 June 2015, the Floating Rate and Fixed Rate are as follows:- 

Floating Rate: +4.33%1

Fixed Rate: +1.00% 

Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the interest payment on maturity date is determined and announced as 4.33% per annum. 

 

Hong Kong Monetary Authority
8 June 2015

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1

Month

Year-on-year rates of change in the 2009/10-based Composite Consumer Price Index (%)

November 2014

+5.10

December 2014

+4.90

January 2015

+4.10

February 2015

+4.60

March 2015

+4.50

April 2015

+2.80

Arithmetic Average

+4.33

 

 

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Last revision date : 08 June 2015