Hong Kong to Sell HK$10 Billion Inflation-Linked Bonds Next Week
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Hong Kong will sell as much as HK$10 billion ($1.3 billion) of inflation-linked bonds, the fourth offering since the city first issued the securities in 2011.
The government will start selling the three-year debt to residents from July 23 to July 31, according to a sales document distributed at a press briefing in Hong Kong today. The notes are scheduled to be issued on Aug. 11 and listed on the Hong Kong’s stock exchange on Aug. 12, it said. Only Hong Kong citizens with valid identity cards are eligible to apply.