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6th iBond to launch

May 19, 2016

The sixth inflation-linked retail bond, or iBond, will be available for subscription by Hong Kong residents from May 31.

 

The maximum size of the sixth iBond issuance will be $10 billion.

 

It will have a three-year tenor and bond holders will be paid interest every six months at a minimum rate of 1%.

 

The subscription period ends June 8.

 

Hong Kong residents can apply through any of the placing banks, securities brokers or the Hong Kong Securities Clearing Company.

 

The iBond will be issued on June 20 and listed on the Hong Kong Stock Exchange on June 21.

 

Click here for details.



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