Press release

Interest rate of the third interest payment for iBond Series due 2023

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), announced today (29 April) the relevant per annum interest rate for the third interest payment of iBond Series due 2023 (Issue Number 03GB2311R; Stock Code: 4239) (the Bonds) issued under the Retail Bond Issuance Programme of the Government Bond Programme.

According to the Issue Circular dated 5 October 2020 for the Bonds, the third interest payment of the Bonds is scheduled to be made on 16 May 2022, and the relevant interest rate is scheduled to be determined and announced on 29 April 2022 as the higher of the prevailing Floating Rate and Fixed Rate.

On 29 April 2022, the Floating Rate and Fixed Rate are as follows:-

Floating Rate: +1.73%1
Fixed Rate: +2.00%

Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the third interest payment is determined and announced as 2.00% per annum.

Hong Kong Monetary Authority
29 April 2022



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

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