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…
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