Hong Kong launched the seventh batch of silver bonds at the highest amount of 45 billion Hong Kong dollars

Xinhua News Agency, Hong Kong, August 9th (Reporter Li Baitao) The Hong Kong Financial Administration stated on the 9th that the seventh batch of silver bonds will be issued on September 14 with a target issuance of HK $ 35 billion, the highest amount is45 billion Hong Kong dollars.

The silver bonds are limited to 100 hands per person per person, the subscription price is HK $ 10,000 per hand, and the period is 3 years. The dividend is applied every 6 months.At the same time, the floating breath mechanism is set up to take the comprehensive consumption price index in the past six months to compare the annual changing rate of arithmetic rates, compared with the guaranteed bottom -up rate, and pays a high dividend.

The subscription period is from August 23rd to September 2nd. The subscribers must be born in 1963 or before, and hold a valid Hong Kong ID card.

Silver bonds have issued 6 batches since 2016. There are no secondary markets. The proportion of early redemptions is less than 2%, that is, 98%of investors will hold to the end of the period.

Chen Maobo, director of the Financial Secretary of the SAR Government, said that silver bonds are a measure for Hong Kong to promote inclusive finance, which can provide safe and reliable and stable investment options for elderly citizens.

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