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

Press Releases

03 Jun 2025

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:-

Floating Rate: +1.60%1
Fixed Rate: +3.50%

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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1

Month

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

November 2024

+1.40

December 2024

+1.40

January 2025

+2.00

February 2025

+1.40

March 2025

+1.40

April 2025

+2.00

Arithmetic Average

+1.60

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Last revision date : 03 June 2025