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SYDNEY, May 31 (Reuters) - Hong Kong's government on Wednesday launched 3-, 5- and 10-year dollar green bonds, according to a term sheet seen by Reuters. The term sheet did not outline how much is ...
The firm also raised the equivalent of $2.8 billion in Hong Kong dollar and Chinese yuan bonds this week, term sheets for those deals showed. The Hong Kong dollar deal of HK$18.5 billion ($2.4 ...
Hong Kong's government has raised $5.8 billion in dollar, euro and offshore yuan green bonds, according to term sheets reviewed by Reuters on Thursday, with investor demand stronger than expected.
“The Hong Kong dollar market is growing,” said Oliver Greer, global head of MTNs at Standard Chartered in Hong Kong.
Hong Kong has raised $6 billion in multicurrency green bonds, according to term sheets seen by Reuters, in a record transaction of its kind across Asia.
Hong Kong authorities intervened for the fifth time in about three weeks to prevent the city’s currency from weakening beyond ...
The Hong Kong dollar chart below shows how the quantity of Hong Kong dollars (the monetary base, M0) is determined in a free market for Hong Kong dollars. The HKMA’s currency board sets the HKD ...
The first part of the story is well understood. Last month, the Hong Kong Monetary Authority purchased the greenback amid a global dollar rout to prevent its currency from strengthening beyond 7.75.
It fell to just 44.76 billion Hong Kong dollars ($5.7 billion) by Monday, the lowest level since November 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar.
Hong Kong’s anaemic residential real estate, for one, could see a rebound if the current trend continues. The prevailing new mortgage rate would be only 2.1%, versus 3.5% in early May.