Home World ASIA Hong Kong to issue new iBonds with guaranteed interest rates to give...

Hong Kong to issue new iBonds with guaranteed interest rates to give residents bigger slice of financial services pie: Paul Chan



Hong Kong will issue up to HK$13 billion in debt, doubling the guaranteed minimum interest rates on some inflation-linked bonds to 2 per cent as it looks to give residents a chance to benefit from financial markets as the economy struggles with the twin blows of Covid-19 and looming sanctions by the West.Financial Secretary Paul Chan Mo-po disclosed the deal, equal to US$1.67 billion, on his official blog on Sunday, highlighting the importance of allowing residents greater involvement in the…



Source link

Must Read

Doing Business in China with an Asia Strategy

Had a great discussion with a bunch of my law firm’s international lawyers...

Global Law and Business Podcast – Lisa Delpy Neirotti (Mega Sporting Events)

Listen HERE or stream on Spotify, Apple Podcasts, Google Play, Amazon Music, Stitcher, or Soundcloud! At Harris Bricken, we keep close tabs on what is happening around the world, and we know...

Union Loses Pivotal Election At Amazon Warehouse In Alabama

Amazon warehouse workers in Alabama voted against unionizing in the most closely watched U.S. union election in decades — a win for the...

Doing Business in or with China During the COVID-19 Pandemic: The Webinar

Access the webinar HERE. Doing business in China is challenging even during the best...

‘No’ Votes Leading In Amazon Warehouse Union Election

Union supporters are bracing for a loss in Alabama as labor officials count the ballots cast by Amazon warehouse workers in the most...