Guaranteed rate of silver bonds raised to 4.25pc
Hong Kong’s latest silver bond issuance offers a guaranteed minimum interest rate of 4.25 percent, up from 3.85 percent in the last batch. The 11th batch of the three-year bond programme, open to residents born in or before 1967, carries a target issuance size of HK$50 billion, with the potential to go up to HK$55 billion depending on investor response, the government announced on Thursday. Each…
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