Slaughter and May advised the Hong Kong Monetary Authority on the third issuance under the Hong Kong Government's retail bond issuance programme comprising up to HK$10 billion in principal amount of inflation-linked 'iBonds' due 2016.
The iBonds pay a coupon linked to the Composite Consumer Price Index, are available to retail investors resident in Hong Kong and will be listed on the Hong Kong Stock Exchange. Up to HK$200 billion in principal amount may be outstanding in total at any time under the retail bond issuance programme and the related Hong Kong dollar institutional bond issuance programme.
Financing: Lisa Chung (partner), Simon Chan (associate)
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