Reported about 18 hours ago
With expectations of declining interest rates in Hong Kong and the U.S., the government's HK$50 billion Silver Bonds have gained popularity among senior citizens. The bonds, which feature a minimum interest rate of 3.85% and a three-year tenor, are designed to provide stable and secure returns to those aged 60 and above. Applications have reportedly increased significantly, with about 30% of applicants being first-time investors. Subscription ends on September 29, and proceeds will support infrastructure projects amid rising fiscal deficits.
Source: YAHOO