The latest round of Hong Kong’s inflation-linked government debt, known as iBonds, has been oversubscribed 3.6 times, and has attracted a record HK$54.58 billion (US$7.03 billion) from 717,000 people, according to preliminary data released by the Hong Kong Monetary Authority on Friday.Due to the overwhelming response, the final issuance amount of this batch of iBonds will increase to HK$20 billion, a government spokesman said. The response was the strongest yet among all eight rounds of iBond….


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South China Morning Post

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Checkout this section for curated News, Articles & Videos published worldwide by South China Morning Post, a Hong Kong English-language newspaper.

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