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 From Hong Kong's Information Services Department
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June 3, 2008
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Investments

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New retail bond issue offered

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HK Mortgage Corporation

The Mortgage Corporation has launched a new retail bond issue with four series of notes which are open for subscription June 4 to 13.

 

The issue includes three series of Hong Kong-dollar notes of two-year and one-year maturity, and one series of Australian-dollar notes of one year maturity. For details click here.

 

The corporation today signed an agreement with underwriting bank HSBC for a total underwriting amount of $300 million in respect of the two-year Hong Kong-dollar notes.

 

It has also appointed 17 banks from its dealer group as placing banks to distribute the issue to retail investors. For the bank list, click here.