Interest rate of first interest payment for series of retail infrastructure bonds due 2027

The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government, announced today (3 June) the relevant per annum interest rate for the first interest payment of the series of retail infrastructure bonds due 2027 (Issue Number: 03GB2712R; Stock Code: 4286) (the Retail Infrastructure Bonds) issued under the Infrastructure Bond Programme.

According to the Issue Circular dated 26 November 2024 for the Retail Infrastructure Bonds, the first interest payment of the Retail Infrastructure Bonds is scheduled to be made on 17 June 2025, and the relevant interest rate is scheduled to be determined and announced on 3 June 2025 as the higher of the prevailing Floating Rate and Fixed Rate.

On 3 June 2025, the Floating Rate and Fixed Rate are as follows:-

Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the first interest payment is determined and announced as 3.50% per annum.

Hong Kong Monetary Authority
3 June 2025

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