Press release

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

The following is issued by the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government, announced today (2 November) the relevant per annum interest rate for the sixth 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 sixth interest payment of the Bonds is scheduled to be made on 16 November 2023, and the relevant interest rate is scheduled to be determined and announced on 2 November 2023 as the higher of the prevailing Floating Rate and Fixed Rate.

On 2 November 2023, the Floating Rate and Fixed Rate are as follows:

Floating Rate: +1.93%1
Fixed Rate: +2.00%



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

Hong Kong Monetary Authority
2 November 2023



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

April 2023


May 2023


June 2023


July 2023


August 2023


September 2023


Arithmetic Average