Home > Infrastructure Bond Programme > The Silver Bond Series > Highlights

Silver Bonds - Highlights

The latest batch of Silver Bonds due 2028 (Issue No.03GB2810R)

Important information

  • To find out more about the Silver Bond Series, you should read the issue circular.

Subscription period^

  • Monday, 15 September 2025 (9:00 a.m.) to Monday, 29 September 2025 (2:00 p.m.)

Expected issue date^

  • Friday, 10 October 2025

Applications

  • You can only apply through a Designated Securities Broker or a Placing Bank. Further information in relation to the application of the Silver Bond Series is available in the issue circular.
  • As at 5 September 2025, the following banks are appointed by the HKSAR Government as Placing Banks for the Silver Bonds due 2028:
    Bank of China (Hong Kong) Limited
    Bank of Communications (Hong Kong) Limited
    The Bank of East Asia, Limited
    China CITIC Bank International Limited
    China Construction Bank (Asia) Corporation Limited
    Chiyu Banking Corporation Limited
    Chong Hing Bank Limited
    Citibank (Hong Kong) Limited
    CMB Wing Lung Bank Limited
    Dah Sing Bank, Limited
    DBS Bank (Hong Kong) Limited
    Fubon Bank (Hong Kong) Limited
    Hang Seng Bank Limited
    The Hongkong and Shanghai Banking Corporation Limited
    Industrial and Commercial Bank of China (Asia) Limited
    Nanyang Commercial Bank, Limited
    OCBC Bank (Hong Kong) Limited
    Public Bank (Hong Kong) Limited
    Shanghai Commercial Bank Limited
    Standard Chartered Bank (Hong Kong) Limited

  • As at 5 September 2025, the following securities brokers are appointed by the HKSAR Government as Designated Securities Brokers for the Silver Bonds due 2028:
    Name Central Clearing and Settlement System Participant ID Central Entity Number
    Ark Securities (Hong Kong) Limited B01685 AFE504
    Ban Hin Securities Company Limited B01328 AAK655
    Bright Smart Securities International (H.K.) Limited B01668 AEZ575
    Caitong International Securities Co., Limited B01948 AZF063
    Celestial Securities Limited B01119 AAF532
    Celetio Investments Limited B01343 AAV727
    Centaline Securities Limited B01941 AXO047
    Central Wealth Securities Investment Limited B01897 AVE583
    Chief Securities Limited B01584 BWN872
    Cinda International Securities Limited B01649 AEL202
    DL Brokerage Limited B01450 ABQ129
    Eddid Securities and Futures Limited B02047 BHT550
    Emperor Securities Limited B01338 AAP057
    Everbright Securities Investment Services (HK) Limited B01086 AAC153
    Ever-Long Securities Company Limited B01523 ACM423
    Fulbright Securities Limited B01673 AFB820
    Futu Securities International (Hong Kong) Limited B01955 AZT137
    Gaoyu Securities Limited B01230 AAE696
    Guotai Junan Securities (Hong Kong) Limited B01565 ABY236
    iFAST Securities (HK) Limited B01459 ABQ890
    KGI Asia Limited B01610 BKJ214
    Kingston Securities Limited B01438 ABL789
    Luk Fook Securities (HK) Limited B01556 ACU547
    Phillip Securities (Hong Kong) Limited B01345 AAG460
    Prudential Brokerage Limited B01423 ABI439
    Sanfull Securities Limited B01275 AAC648
    SDICS International Securities (Hong Kong) Limited B01905 AUW685
    Sino Grade Securities Limited B01585 ADE715
    SinoPac Securities (Asia) Limited B01497 BIZ502
    South China Securities Limited B01289 AAA874
    SPS Securities Limited B01290 AAD432
    Tai Shing Stock Investment Co. Limited B01676 AEX212
    Tai Tak Securities (Asia) Limited B01439 ABM686
    UOB Kay Hian (Hong Kong) Limited B01353 AAW261
    Valuable Capital Limited B01904 AUL711
    West Bull Securities Limited B02038 BHT553
    Winfull Securities Limited B01267 AAB709
    Wocom Securities Limited B01129 AAC230

Eligibility criteria

  • You can only apply for the Silver Bond Series if you (i) hold a valid Hong Kong identity card; and (ii) were born in or before 31 December 1966.

Multiple applications not allowed

  • You may only submit one application for the Silver Bond Series. Multiple applications will be rejected in full.

^HKSAR Government may change any date set out above (including the subscription period or issue date) by making an announcement on www.hkma.gov.hk and on www.hkgb.gov.hk.