The Silver Bond offers some 2 million senior citizens an investment that could help safeguard their savings against inflation. Photo: Felix Wong
The Silver Bond offers some 2 million senior citizens an investment that could help safeguard their savings against inflation. Photo: Felix Wong
Bonds

Hong Kong raises size and guaranteed returns on its Silver Bond aimed at city’s 2 million elderly citizens

  • The guaranteed annual rate for the three-year bond has been raised to 4 per cent from 3.5 per for the previous batch issued a year ago
  • ‘We believe such a return will give [Hong Kong’s elderly citizens] a safe investment instrument,’ says Clara Chan, an executive director at the HKMA

The Silver Bond offers some 2 million senior citizens an investment that could help safeguard their savings against inflation. Photo: Felix Wong
The Silver Bond offers some 2 million senior citizens an investment that could help safeguard their savings against inflation. Photo: Felix Wong
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