Press release

Interest rate of the first interest payment for iBond Series due 2014

The following is issued by the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (Wednesday) the relevant per annum interest rate for the first interest payment of iBond Series due 2014 (Issue Number 03GB1407R; Stock Code: 4208) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.

According to the Issue Circular dated 5 July 2011 for the Bonds, the first interest payment of the Bonds is scheduled to be made on 30 January 2012, and the relevant interest rate is scheduled to be determined and announced on 11 January 2012 as the higher of the prevailing Floating Rate and Fixed Rate.

On 11 January 2012, the Floating Rate and Fixed Rate are as follows:-

Floating Rate: +6.08%(1)
Fixed Rate: +1.00%

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 6.08% per annum.

Hong Kong Monetary Authority
11 January 2012


Year-on-year rates of change in the 2009/10-based Composite Consumer Price Index (%)
June 2011
July 2011
August 2011
September 2011
October 2011
November 2011
Arithmetic Average