Interest rate for each interest payment date
The relevant per annum interest rate for each interest payment date will be determined and announced on its relevant interest determination date as set out in the issue circular. The Floating Rate of the Silver Bond series is calculated based on the Composite Consumer Price Index compiled and announced by the Census & Statistics Department.
The interest for bond amount exceeding HK$10,000 may not be exactly equal to the figures calculated from the interest per minimum denomination of HK$10,000 due to rounding.
The HKSAR Government issued the latest batch of Silver Bond on October 23, 2024, under the retail part of the Infrastructure Bond Programme. For details on the latest batch of Silver Bond, please refer to the web page here.
For Silver Bond Series due 2026 (Issue No. 03GB2608R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
5.00% |
HK$253.42 |
||
5.00% |
HK$249.32 |
||
5.00% |
HK$250.68 |
||
18 August 2025 |
4 August 2025 |
To be confirmed |
To be confirmed |
20 February 2026 |
3 February 2026 |
To be confirmed |
To be confirmed |
18 August 2026 |
4 August 2026 |
To be confirmed |
To be confirmed |
For Silver Bond Series due 2025 (Issue No. 03GB2509R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
4.00% |
HK$198.36 |
||
4.00% |
HK$201.64 |
||
4.00% |
HK$199.45 |
||
4.00% |
HK$203.84 |
||
4.00% |
HK$196.16 |
||
14 September 2025 |
1 September 2025 |
To be confirmed |
To be confirmed |
For Silver Bond Series due 2024 (Issue No. 03GB2408R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
3.50% |
HK$176.44 |
||
3.50% |
HK$173.56 |
||
3.50% |
HK$176.44 |
||
3.50% |
HK$173.56 |
||
3.50% |
HK$180.27* |
||
3.50% |
HK$172.60** |
||
* The original fifth interest payment was on 12 February 2024. As the aforesaid payment is not a business day in Hong Kong, the interest payment date will be rescheduled on the next day which is a business day in Hong Kong in accordance with the Issue Circular. The interest continues to accrue to the new payment date.
** The original sixth interest payment was on 10 August 2024. As the aforesaid payment is not a business day in Hong Kong, the interest payment date will be rescheduled on the next day which is a business day in Hong Kong in accordance with the Issue Circular. The interest continues to accrue to the new payment date.
For Silver Bond Series due 2023 (Issue No. 03GB2312R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
3.50% |
HK$174.52 |
||
3.50% |
HK$175.48 |
||
3.50% |
HK$174.52 |
||
3.50% |
HK$175.48 |
||
3.50% |
HK$175.48* |
||
3.50% |
HK$174.52 |
||
* The original fifth interest payment was on 22 June 2023. As the aforesaid payment is not a business day in Hong Kong, the interest payment date will be rescheduled on the next day which is a business day in Hong Kong in accordance with the Issue Circular. The interest continues to accrue to the new payment date.
For Silver Bond Series due 2022 (Issue No. 03GB2207R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
3.23% |
HK$162.83 |
||
3.00% |
HK$149.59 |
||
3.00% |
HK$151.23 |
||
3.00% |
HK$148.77 |
||
3.00% |
HK$152.88 |
||
3.00% |
HK$147.12 |
||
For Silver Bond Series due 2021 (Issue No. 03GB2112R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
3.00% |
HK$149.59 |
||
3.20% |
HK$160.44 |
||
3.00% |
HK$150.41 |
||
3.00% |
HK$150.41 |
||
3.00% |
HK$149.59 |
||
3.00% |
HK$150.41 |
||
For Silver Bond Series due 2020 (Issue No. 03GB2006R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
2.00% |
HK$102.47 |
||
2.10% |
HK$103.56 |
||
2.43% |
HK$121.17 |
||
2.43% |
HK$121.17 |
||
3.20% |
HK$159.56 |
||
2.28% |
HK$114.31 |
||
For Silver Bond Series due 2019 (Issue No. 03GB1908R)
Interest payment date |
Interest determination date |
Per annum interest rate |
Interest per HK$10,000 bonds |
2.15% |
HK$108.97 |
||
2.00% |
HK$99.73 |
||
2.00% |
HK$99.73 |
||
2.30% |
HK$114.68 |
||
2.53% |
HK$126.85 |
||
2.60% |
HK$128.93 |