Press release

Interest rate of the first interest payment for iBond Series due 2019

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 first interest payment of iBond Series due 2019 (Issue Number 03GB1906R; Stock Code: 4231) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.

According to the Issue Circular dated 19 May 2016 for the Bonds, the first interest payment of the Bonds is scheduled to be made on 20 December 2016, and the relevant interest rate is scheduled to be determined and announced on 6 December 2016 as the higher of the prevailing Floating Rate and Fixed Rate. 

On 6 December 2016, the Floating Rate and Fixed Rate are as follows:-

Floating Rate: +2.58%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 2.58% per annum.

Hong Kong Monetary Authority
6 December 2016



Year-on-year rates of change in the 2014/15-based Composite Consumer Price Index (%)

May 2016


June 2016


July 2016


August 2016


September 2016


October 2016


Arithmetic Average