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. |
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.