In this connection, will the Government inform this Council, given that despite the low rate of return of the Exchange Fund, HKMA is still required to make iBond's interest payments at a rate corresponding to the inflation rate of a specified period from the investment income received by the...
period fromtheinvestmentincome received by the Bond Fund from the Exchange Fund, whether it knows the amount of money, calculated in terms of the size of the first batch of iBond issued, which HKMA needs to subsidize iBond's interest payments after deductingtheinvestment incomegenerated from an...
Fixed income instrument is a long-term debt security. The issuer borrows money from bond holders and is obliged to pay an interest amount based on the pre-determined coupon and to repay the principal amount to investors at maturity.