iBonds(1).pptx

What are iBonds?

● The inflation-linked retail bond, also known as iBond is rolled out by the

HKSAR Government under the retail bond issuance programme of the

Government Bond Programme.

● The first series of iBond was issued in July, 2011.

● iBond has a minimum denomination of HK$10,000 and a term of three years.

● Its half-yearly interest payments are linked to the average year-on-year

inflation measured by the Composite Consumer Price Index (CPI), subject to

a minimum interest rate, which is 2% per annum for the iBond issued in 2020,