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

Press Releases

04 May 2023

Interest rate of the second 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 (4 May) the relevant per annum interest rate for the second 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 second interest payment of the Retail Green Bonds is scheduled to be made on 18 May 2023, and the relevant interest rate is scheduled to be determined and announced on 4 May 2023 as the higher of the prevailing Floating Rate and Fixed Rate.

On 4 May 2023, the Floating Rate and Fixed Rate are as follows:

Floating Rate: +1.90%1
Fixed Rate: +2.50%

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

 

Hong Kong Monetary Authority
4 May 2023

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1

Month

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

October 2022

+1.80

November 2022

+1.80

December 2022

+2.00

January 2023

+2.40

February 2023

+1.70

March 2023

+1.70

Arithmetic Average

+1.90

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Last revision date : 04 May 2023