Interest rate of third interest payment for series of retail green bonds due 2026
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 (26 March) the relevant per annum interest rate for the third interest payment of the series of retail green bonds due 2026 (Issue Number: 03GR2610R; Stock Code: 4273) (the Retail Green Bonds) issued under the Government Sustainable Bond Programme (previously known as the Government Green Bond Programme).
According to the Issue Circular dated 18 September 2023 for the Retail Green Bonds, the third interest payment of the Retail Green Bonds is scheduled to be made on 10 April 2025, and the relevant interest rate is scheduled to be determined and announced on 26 March 2025 as the higher of the prevailing Floating Rate and Fixed Rate.
On 26 March 2025, the Floating Rate and Fixed Rate are as follows:-
|
|
Floating Rate: +1.63%1 |
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 4.75% per annum.
Hong Kong Monetary Authority
26 March 2025
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1
|
Month |
Year-on-year rates of change in the 2019/20-based Composite Consumer Price Index (%) |
|
September 2024 |
+2.20 |
|
October 2024 |
+1.40 |
|
November 2024 |
+1.40 |
|
December 2024 |
+1.40 |
|
January 2025 |
+2.00 |
|
February 2025 |
+1.40 |
|
|
|
|
Arithmetic Average |
+1.63 |