HK iBonds

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  1. #1

    Join Date
    Aug 2006
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    7,517

    HK iBonds

    See RTHK:Fourth iBonds out next week

    Applications for the government's inflation-linked bonds will open next Wednesday.

    It's the fourth issue of iBonds since they were introduced in 2011 to help preserve the value of bank deposits amid low interest rates.

    Each lot will cost HK$10,000 and the minimum rate of interest will be one percent.

    An executive director of the Monetary Authority, Howard Lee, hopes latest issue would be well-received by the public.

    But he added investors may consider other factors before purchasing them.
    And http://www.hkgb.gov.hk/en/overview/introduction.html

    Are they a good deal?

    When they say 'inflation linked' and 'the minimum rate of interest will be one percent', does that mean you will be getting inflation (around 3.7%) and 1% meaning an overall rate of 4.7%?

  2. #2

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    Aug 2006
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    Previous thread from last year here: http://hongkong.geoexpat.com/forum/1...ead257314.html

    And http://mrchinablog.blogspot.com/2011...tock-code.html

    And as it seems that you enter lottery to actually get the bonds, is it worthwhile? But if you do win the 'lottery', you can probably sell for a small premium on the first day.


  3. #3

  4. #4

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    Aug 2006
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    Quote Originally Posted by dontdrink&drive:
    not worth it.

    just buy renminbi, u know whos the big daddy in the world
    Not great if you bought January this year.

  5. #5

    Join Date
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    iBond is giveaway from HKSAR government - can't make a fortune but did gives me some petty cash from the previous lots.