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陈茂波:发行基础建设零售债券推动市民“参与感” 亦为基建项目融资

Paul Chan Mo-po: Issuing retail bonds for infrastructure to enhance citizens' sense of participation, as well as to finance infrastructure projects.

Zhitong Finance ·  Nov 15, 2024 14:12

The Hong Kong Government announced today the issuance of infrastructure retail bonds for Hong Kong residents to subscribe.

Zhitong Finance App announced today that the Hong Kong Government will issue retail infrastructure bonds for Hong Kong residents to subscribe. Hong Kong's Financial Secretary, Mr Paul Chan Mo-po, said in a social networking platform that the issuance of retail infrastructure bonds will, on the one hand, provide the public with safe, reliable and stable investment options, so that the public can have a greater “sense of participation” and “gain” in infrastructure projects that promote the long-term development of Hong Kong. On the other hand, it also finances infrastructure projects, so that projects benefiting the economy and people's livelihood can be completed as soon as possible.

He believes that the bonds issued this time will also further promote the development of the retail bond market and inclusive finance.

He mentioned that it was announced in this year's Budget that HK$20 billion retail bonds will be issued this year, and the Hong Kong Government may raise the target issuance amount to a maximum of HK$25 billion based on the subscription response. This batch of bonds is the retail portion of the Infrastructure Bond Program. The funds from the bond issuance will be transferred to the Capital Works Reserve Fund and invested in infrastructure projects in accordance with the plan framework. The Hong Kong Government will announce the distribution of the funds raised every year.

The translation is provided by third-party software.


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