Felix Pinkston
May 14, 2025 01:31
The Hong Kong Monetary Authority will bid a two -year exchange fund note aimed at 12 million HK’s Rollover Note with a 2.16%interest rate on May 23, 2025 on May 23, 2025.
Hong Kong Monetary Authority (HKMA) announced its scheduled release for two -year exchange fund notebook scheduled for May 23, 2025. The consensus on this memo occurs on May 26, 2025, according to HKMA’s published provisional issuance schedule.
Bidding details
HKMA will offer a total of 12 million HK, and the HKSC (Hong Kong Securities Clearing Company Limited) is booked for $ 5 million for non -competitive bidding. If the non -competitive part is not stopped, the remaining amount is first added to the competitive bidding section set at $ 1,195 million. This memo mature on May 26, 2027, and the annual interest rate is 2.16%every half a year.
Participation process
If you are interested in non -competitive bidding, you can submit an application form through a securities exchange participant/broker if you have an investor account within the Central Clearing and Settlement System (CCAS). Competitive bidding applications must be submitted through HKMA’s appointed qualified market manufacturer, and each application requires at least HK $ 50,000 or its drainage.
HKMA posts bidding results on official websites, refined screens (HKMAOOE) and Bloomberg. Applicants who have submitted non -competitive bidding through HKSCC can get results through the securities exchange participants/brokers or CCASS terminals.
Additional information
Problem numbers 02Y2705 and inventory code 4105 (EFN 2.16 2705) will be held between 9:30 am and 10:30 am on the specified date. HKMA recommends that the stakeholder consults with information notes or provides additional details to an eligible market manufacturer, HKSCC, or broker, which is listed as an exchange participant in Hong Kong’s securities exchange.
To get more comprehensive information, you can access HKMA’s full presentation.
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