HKMA rolls out new initiatives to lure bond issuance
The three-year pilot promises to fund half of eligible bond issuance expense
The Hong Kong Monetary Authority (HKMA) has published details of a bond grant scheme designed to attract Chinese and overseas issuers to pick Hong Kong for their first-time issuance.
The pilot bond grant scheme will fund half of “eligible expenses” for enterprises when they issue bonds in Hong Kong, with an upper limit set at HK$2.5 million ($318,500) for rated issuers and HK$1.25 million for non-rated issuers. The scheme is scheduled tentatively to run for three years, and apply to those who
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