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HKMA Announces Tender for HK$5.5 Billion 3-Year Institutional Government Bonds on October 23, 2024

HK

HKMA Announces Tender for HK$5.5 Billion 3-Year Institutional Government Bonds on October 23, 2024
HK

HK

HKMA Announces Tender for HK$5.5 Billion 3-Year Institutional Government Bonds on October 23, 2024

2024-10-21 18:15 Last Updated At:18:28

Tender of 3-year HKD HKSAR Institutional Government Bonds to be held on October 23

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), announced today (October 21) that a tender of 3-year HKD Institutional Government Bonds (Bonds) under the Infrastructure Bond Programme will be held on Wednesday, October 23, 2024, for settlement on Thursday, October 24, 2024.

A total of HK$5.5 billion 3-year HKD Bonds will be tendered. The Bonds will mature on October 25, 2027 and will carry interest at the rate of 2.89 per cent per annum payable semi-annually in arrear.

Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.

Tender results will be published on the HKMA's website, the Hong Kong Government Bonds website, Bloomberg (GBHK <GO>) and Refinitiv (HKGBINDEX). The publication time is expected to be no later than 3pm on the tender day.

HKSAR Institutional Government Bonds tender information

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Tender information of 3-year HKD HKSAR Institutional Government Bonds:

Issue Number

:

03GB2710001

Stock Code

:

4283 (HKGB 2.89 2710)

Tender Date and Time

:

Wednesday, October 23, 2024

9.30am to 10.30am

Issue and Settlement Date

:

Thursday, October 24, 2024

Amount on Offer

:

HK$5.5 billion

Maturity

:

3 years

Maturity Date

:

Monday, October 25, 2027

Interest Rate

:

2.89 per cent p.a. payable semi-annually in arrear

Interest Payment Dates

:

April 24 and October 24 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.

Method of Tender

:

Competitive tender

Tender Amount

:

Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.

Other Details

:

Please see the Information Memorandum available on the Hong Kong Government Bonds websiteor approach Primary Dealers.

Expected commencement date of dealing on the Stock Exchange of Hong Kong Limited

:

Friday, October 25, 2024

Use of Proceeds

:

The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.

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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:

------------------

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:

--------------------------

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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