【Green Bond】List of subscription offers and payment dates | Stablebag 4.75 cm

First, what is a green bond

The Hong Kong Green Bond was issued by the Hong Kong Government for initial public offering in 2022. Bond instruments designed to specifically fund or refinance qualifying green projects. Its fixed rate return guarantee is also higher than that of ordinary inflation-linked bonds. The HKSAR Government issues Green Retail Bonds to enable the public to contribute directly to greening Hong Kong and share the results of Hong Kong's sustainable development through participation in green and sustainable financial markets. The distribution of funds raised by Green Bonds will be disclosed in the annual Green Bond Report,Click to view the Green Bond Report

Second, Government Green Bonds 2022| Dividend Status

Government Green Bond (04252) was listed on the exchange on 19 May 2022 to encourage the public to participate in environmental causes and support sustainability. As of today, Green Bond 2022 prices are as follows

Go to Futubull InsightsGovernment Green Bond 2005 (04252)For the latest information, if you want to know more about retail green bond fees, go toFutu SecuritiesSee more.

The dividend date of the Green Retail Bond (Issue No 03GR2505R; Stock Code 4252) maturing in 2025 is as follows:

Government Green Bond Scheme - Interest Rate

3. Government Green Bonds 2023| Basic information and prices

As of today, the Government Green Bond 2023 is priced as follows

You can understand Futubull in advanceGovernment Green Bond 2000 (04273.HK)For the latest information, if you want to know more about retail green bond fees, go toFutu SecuritiesSee more.

The Government announced on 5 September this year the issuance of a new batch of green retail bonds to Hong Kong residents under the Government's Green Bond Scheme.

Target Issuance

The target issue of green retail bonds is HK$15 billion, which could be increased to a maximum of HK$20 billion depending on market conditions. The proceeds will be allocated to the Basic Works Reserve Fund in accordance with the Government's Green Bond Framework to finance or refinance green projects that are environmentally sound and promote Hong Kong's sustainable development. Each year, the Government publishes information on the distribution of the funds raised and the expected environmental benefits.

Admission Fee

HK$0.01 million per lot.

Interest rate

The bond has a three-year term and is paid at the end of each half year, the interest rate is linked to inflation. The guarantee rate in 2023 is increased to 4.75 cm (2.5 cm last year).

Subscription Conditions

Individual investors holding a valid Hong Kong Identity Card can subscribe. Each person may submit only one application for the bond. All duplicate applications will not be accepted and all applications will be considered invalid.

*Hong Kong non-permanent resident clients holding a Hong Kong Identity Card may also participate in the subscription of Green Bonds.

Subscription Period

The purchase period for Green Retail Bonds starts at 9 a.m. on September 18 and ends at 2 p.m. on September 28. Hong Kong residents can purchase a limited liability company through a selling bank, securities brokerage or Hong Kong Central Bank. Futu Securities offers purchase services, click to find out more.

Distribution rules

The distribution mechanism of green bonds is very similar to iBond, to meet the applications of small investors as much as possible. The target issue of this Green Bond is HK$15 billion. The HKSAR Government may consider increasing it to a maximum of HK$20 billion, depending on the situation.

• Scenario 1: When the total number of valid applications is less than HK$15 billion, the Government intends to fully satisfy all eligible applications

• Scenario 2: When the number of valid applications exceeds 1.5 million, bonds will be issued in the form of a lottery. Each holder receives a bond (i.e. HK$0.01 million)

• Scenario 3: If the number of valid applications is less than 1.5 million, but the total amount of valid applications is more than HK$15 billion, the revolving bond will be distributed as follows:

• First distribution of First Hand Bonds to all eligible applicants

• Issuance of second-hand bonds to investors applying for two or more hands if the remaining hand is permitted

• If the remaining wager is permitted, third party bonds will be issued to investors applying for three or more

• In this way, until the number of remaining hands is insufficient to make another distribution cycle, the remaining number will be distributed as a draw

Note: In fairness, all repeat applications are not accepted. Investors can apply for bonds only through one placement agency.

Release time

The Green Retail Bond will be issued on October 10 and will be listed on the Hong Kong Stock Exchange on the next business day (October 11) and can be traded on second-hand markets. Green Bonds 2023 | Redemption customers cannot apply to redeem Green Bonds on their own. If you do not wish to continue holding, you can buy and sell through the secondary market. Only the HKSAR Government has the right to redeem the Green Bonds in advance under certain circumstances. Non-Hong Kong residents can also buy and sell Green Bonds on the Tier 2 market, which has no impact on maturity redemption.

You can go to the Hong Kong SARGovernment Bonds Official WebsiteRead or download the Chinese/English electronic versions of this Issue Circular and Programme Circular for more details.

4. Green Bond Subscription Offer

By purchasing Green Bonds with Futui, you can enjoy a maximum of 13 free discounts on Futu's fees, which can be deducted directly at the time of purchase by the customer. The deductible fee includes: Purchase execution fee, application renewal fee, extension fee (bond exchange fee, bond transaction fee, Hong Kong stock exchange fee (new customer special share), hard disk exchange table fee, trust fee, transfer fee, transfer fee, commission fee, inactivity fee, storage fee, advance return fee, return fee, transfer fee, transfer fee, inactivity fee, deposit fee, advance return to, return fee Fee.Click to learn more about specific Green Bond Campaign Rules

Subscription method

1. Futu Securities Green Bond Procurement Support Universal Purchase: Clients can purchase green debt using the Futu Finance Amount, which includes the non-transfer amount and the stock exchange rate; if you initiate a purchasing power, it will include the purchasing power generated by your joint account asset bond in USD/A shares.

2. Bank financing subscription: Up to five times leverage in one hand.

Futu Purchase Time

1. Regarding this green bond purchase, Futu's open purchase period is: 2023.09.18 10:00 - 2023.09.28 10:30

2. Futu has adopted a separate procurement strategy and stipulates that the closing time will be extended to 10:30.

3. All applications submitted by Futu before 09:00 on the closing date will start at 09:00; applications submitted between 09:00-10:30 will be paid from 10:30.

4. All subscription applications can be modified and revoked only before the start of the debit. nowadays(Invest immediately), prepare to subscribe to Green Bonds.

Dividend rules

Interest is distributed on each dividend date = Annual interest* Face value held* Actual date of the interest period/365. referencesAccrued Interest on Green Bonds 2022

5. How to subscribe to green bonds

1. At least $1425 (the minimum Green Bond Yield is 4.75%, if you have a 3-year minimum yield of about $1425 per trillion), here are the steps to buy Government Green Bonds in the Future:

2. You need a platform that can trade government green debt, head online to Futu, and sign up for a new account.(Register now)By purchasing green bonds with a Futu Securities account, you need to open a single securities account on the basis of the Futu Account(Open account now)

3. Fund Deposit Fill in your personal and financial details and then check in via bank transfer, debit card, or Apple/Google Pay.(Invest immediately)

4. Once you have started buying, you can find the green bond by going to Futubull APP > Market > Hong Kong Stock Market > Xing New Share Centre and make a purchase. Green Bond is expected to announce the results of the issuance, purchase and distribution by October 10. You can check the purchase results in advance by going to Futubull APP-Market Share Centre-Acquisition Record.

6. How to buy green bonds

After the release is completed, you can buy government green bonds on the second-tier market through the Futubull app. Before trading, you need to ensure that you have a bank account to buy and sell green debt(Invest immediately)