Get Ready for Hong Kong's Latest Investment Opportunity!

Mark your calendars! The Hong Kong Monetary Authority (HKMA) is gearing up to offer 2-year Exchange Fund Notes on May 23, 2025. This strategic move is designed to refinance an existing issuance that will mature on the same day, bringing fresh opportunities to investors.

Tender Details You Need to Know!

A staggering HK$1,200 million worth of notes will be up for grabs, with HK$5 million specifically allocated for non-competitive bids from the public. If this segment sees a lack of interest, the unclaimed funds will bolster the competitive bidding pool, initially set at HK$1,195 million. These notes promise an attractive annual interest rate of 2.16%, with payouts every six months and maturity set for May 26, 2027.

How to Participate: Your Guide!

If you're keen on taking part in the non-competitive tender, you can apply through various Stock Exchange Participants or brokers, or directly via the Hong Kong Securities Clearing Company Limited (HKSCC) if you're an Investor Account holder. Those looking to make competitive bids should route their applications through the HKMA's authorized Eligible Market Makers, with a minimum bid starting at HK$50,000.

Stay Updated!

Results from the tender will be promptly published on the HKMA's official website and available via the Refinitiv screen (HKMAOOE) and Bloomberg terminal. If you placed a non-competitive bid through HKSCC, you can also check results with your broker or via your CCASS terminal.

Mark Your Calendars!

This highly anticipated tender, known as Issue Number 02Y2705 and stock code 4105 (EFN 2.16 2705), will occur between 9:30 a.m. and 10:30 a.m. on the big day. The HKMA invites all interested investors to familiarize themselves with the Information Memorandum or consult with Eligible Market Makers, HKSCC, or your brokers for more details.

Don't miss out on this chance to enhance your investment portfolio with Hong Kong's promising Exchange Fund Notes!