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HKMA Announces Tentative Schedule for Upcoming Government Bonds Issuance from October 2024 to March 2025

HK

HKMA Announces Tentative Schedule for Upcoming Government Bonds Issuance from October 2024 to March 2025
HK

HK

HKMA Announces Tentative Schedule for Upcoming Government Bonds Issuance from October 2024 to March 2025

2024-10-21 18:17 Last Updated At:18:28

Tentative issuance schedule for HKSAR Institutional Government Bonds and appointment of Primary Dealers under Infrastructure Bond Programme and Government Sustainable Bond Programme

The following is issued on behalf of the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), published today (October 21) a tentative issuance schedule for institutional Government Bonds (GBs) to be offered under the Infrastructure Bond Programme (IBP) and Government Sustainable Bond Programme (GSBP) for the six-month period from October 2024 to March 2025 (Annex 1) (Note). The GBs are denominated in Hong Kong dollars (HKD) and Renminbi (RMB) and will be offered by way of competitive tendering. The tentative issuance schedule contains information on, among others, the tentative tenors, tender dates, issuance sizes, issue dates and methods of issuance of individual GB issues. Further details are set out in the Information Memorandum to be published on the Hong Kong Government Bonds website, www.hkgb.gov.hk.

The HKMA has appointed 13 financial institutions as Primary Dealers under the institutional part of the IBP and GSBP to assist in taking forward the implementation of the GB tenders (Annex 2). Primary Dealers are also expected to provide two-way bid-and-offer quotations in the secondary market to facilitate GB trading. The Primary Dealers are appointed for a term of two years, covering the period from October 2024 to September 2026.

The information contained in the tentative issuance schedule, such as the tenors, tender dates, issuance sizes, issue dates and methods of issuance are tentative. The HKMA may make adjustments having regard to market conditions. A revised issuance schedule may be issued where appropriate. Details of individual issues, including details on the use of proceeds of the bonds, are to be confirmed and announced in the relevant tender notices prior to the scheduled tender dates.

Note: It was set out in the 2024-25 Budget that the IBP and GSBP will gradually replace the existing Government Bond Programme (GBP). The publication of the HKD Government bond benchmark yield curve, which is currently conducted under the GBP, is expected to gradually transition to the IBP and GSBP. Newly issued HKD bonds under the IBP and GSBP will be designated as the benchmark issues for their respective tenors under the HKD Government bond yield curve, replacing the benchmark issues currently under the GBP.

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19 Temporary Heat Shelters Open in Hong Kong Amid Very Hot Weather Warning

2024-10-22 17:00 Last Updated At:17:08

HAD opens temporary heat shelters

The Home Affairs Department is opening 19 community halls/community centres as temporary heat shelters today (October 22).

The temporary heat shelters will remain open for people to take refuge from the heat when the Very Hot Weather Warning is in force. From 10.30pm to 8am the next day, the temporary heat shelters will also provide bedding and a sleeping place for people in need. The shelters are manned by duty attendants.

For further information, please call the department's hotline before midnight on 2572 8427.

The heat shelters are located at:

Hong Kong Island:

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Central and Western -

Sai Ying Pun Community Complex Community Hall

3/F, Sai Ying Pun Community Complex

2 High Street, Sai Ying Pun

Eastern -

Causeway Bay Community Centre

3/F, 7 Fook Yum Road, Causeway Bay

Southern -

Lei Tung Community Hall

Lei Tung Estate, Ap Lei Chau

Wan Chai -

Wan Chai Activities Centre

LG/F, Wan Chai Market, 258 Queen's Road East, Wan Chai

Kowloon Districts:

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Kowloon City -

Hung Hom Community Hall

1/F, Kowloon City Government Offices

42 Bailey Street, Hung Hom

Kwun Tong -

Lam Tin (West) Estate Community Centre

71 Kai Tin Road, Lam Tin

Sham Shui Po -

Shek Kip Mei Community Hall

G/F, Block 42, Shek Kip Mei Estate, Sham Shui Po

Wong Tai Sin -

Tsz Wan Shan (South) Estate Community Centre

45 Wan Wah Street, Tsz Wan Shan

Yau Tsim Mong -

Henry G Leong Yaumatei Community Centre

60 Public Square Street, Yau Ma Tei

New Territories Districts:

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Islands -

Tung Chung Community Hall

G/F, Tung Chung Municipal Services Building, 39 Man Tung Road, Tung Chung

Kwai Tsing -

Kwai Shing Community Hall

Podium, Block 6, Kwai Shing West Estate, Kwai Chung

North -

Cheung Wah Community Hall

Cheung Wah Estate, Fanling

Sai Kung -

Hang Hau Community Hall

G/F, Sai Kung Tseung Kwan O Government Complex, 38 Pui Shing Road, Hang Hau, Tseung Kwan O

Sha Tin -

Lung Hang Estate Community Centre

Lung Hang Estate, Sha Tin

Tai Po -

Tai Po Community Centre

2 Heung Sze Wui Street, Tai Po

Tsuen Wan -

Lei Muk Shue Community Hall

G/F, Hong Shue House, Lei Muk Shue Estate, Tsuen Wan

Tuen Mun -

Butterfly Bay Community Centre

Butterfly Estate (near Tip Sum House), Tuen Mun

Yuen Long -

Long Ping Community Hall

Long Ping Estate, Yuen Long

Yuen Long -

Tin Yiu Community Centre

Tin Yiu Estate, Tin Shui Wai

In addition to the above heat shelters, a number of community halls/community centres can also be used for taking refuge from the heat during their operating hours. For their address details, please browse the following document:www.had.gov.hk/file_manager/en/documents/public_services/emergency_services/List_CH_CC_Day_E.pdf.

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