The Ministry of Finance (MoF) held a roadshow in Hong Kong today (25 October) for its US dollar sovereign bond issuance. The Hong Kong Monetary Authority (HKMA) welcomes the MoF’s initiative.
Mr Norman Chan, Chief Executive of the HKMA, said “We welcome MoF to issue the US dollar sovereign bonds in Hong Kong since the previous issuance of such bonds by the MoF in 2004. The MoF’s choice to issue this US dollar sovereign bond to international investors in Hong Kong highlights the status of Hong Kong as a premier international financial centre in Asia, as well as our strategic position as the natural gateway linking our Mainland hinterland to the world.”
The MoF will issue USD2 billion of sovereign bonds in Hong Kong, including USD1 billion of 5-year bonds and USD1 billion of 10-year bonds. The issued bonds will be settled on 2 November.
Hong Kong Monetary Authority
25 October 2017