The Hong Kong government’s latest offering of HK$50 billion (US$6.4 billion) in Silver Bonds for investors aged 60 and above has been well-received, with guaranteed returns of 4% per year and the opportunity to participate in infrastructure projects.
HSBC reported a strong response on the first day of subscription, attributing the attractiveness of the bonds to the expected softening of Hong Kong interest rates amidst the US rate cut cycle. Sami Abouzahr, head of investments at HSBC Hong Kong, emphasized the appeal of quality bonds for investors seeking stable, guaranteed returns.
These bonds offer senior and retiree investors with lower risk appetites a chance to secure stable income and diversify their portfolios, providing an attractive option in the current market environment.