GCC Consulting

Interest rate of second interest payment for series of retail green bonds due 2026

The Hong Kong Monetary Authority announced that the interest rate for the second payment of retail green bonds, due in 2026, will be 4.75% per annum. This payment is scheduled for October 10, 2024, with the rate being the higher of the prevailing Floating Rate of 1.80% and Fixed Rate of 4.75%. The rates were confirmed on September 25, 2024.

Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/09/20240925-5/

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