Press release

Interest rate of the second interest payment for iBond Series due 2016

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 (Tuesday) the relevant per annum interest rate for the second interest payment of iBond Series due 2016 (Issue Number 03GB1606R; Stock Code: 4218) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.

According to the Issue Circular dated 28 May 2013 for the Bonds, the second interest payment of the Bonds is scheduled to be made on 24 June 2014, and the relevant interest rate is scheduled to be determined and announced on 10 June 2014 as the higher of the prevailing Floating Rate and Fixed Rate. 

On 10 June 2014, the Floating Rate and Fixed Rate are as follows:-

Floating Rate: +4.12%(1)
Fixed Rate: +1.00%

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 4.12% per annum.

Hong Kong Monetary Authority
10 June 2014


Year-on-year rates of change in the 2009/10-based Composite Consumer Price Index (%)
November 2013
December 2013
January 2014
February 2014
March 2014
April 2014
Arithmetic Average