Interest rate of second interest payment for series of retail green bonds due 2026

Press Releases

25 Sep 2024

Interest rate of second interest payment for series of retail green bonds due 2026

The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government, announced today (25 September) the relevant per annum interest rate for the second interest payment of the series of retail green bonds due 2026 (Issue Number: 03GR2610R; Stock Code: 4273) (the Retail Green Bonds) issued under the Government Sustainable Bond Programme (previously known as the Government Green Bond Programme).

According to the Issue Circular dated 18 September 2023 for the Retail Green Bonds, the second interest payment of the Retail Green Bonds is scheduled to be made on 10 October 2024, and the relevant interest rate is scheduled to be determined and announced on 25 September 2024 as the higher of the prevailing Floating Rate and Fixed Rate.   

On 25 September 2024, the Floating Rate and Fixed Rate are as follows:

Floating Rate: +1.80%1
Fixed Rate: +4.75%

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 4.75% per annum.

 

Hong Kong Monetary Authority
25 September 2024

 

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1

Month

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

March 2024

+2.00

April 2024

+1.10

May 2024

+1.20

June 2024

+1.50

July 2024

+2.50

August 2024

+2.50

Arithmetic Average

+1.80

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Last revision date : 25 September 2024