[RSS] Hong Kong’s Silver Bonds attract record demand from senior citizens

[RSS]

The latest round of the Hong Kong government’s Silver Bonds attracted a record number of subscriptions in both quantity and value, as the city’s elderly investors seized the opportunity to secure better returns than those offered by bank deposits. The total applications for the three-year Silver Bonds were twice the government’s latest issuance of HK$50 billion (US$6.4 billion). Investors submitted 373,000 bids for HK$98.52 billion worth of bonds during the offering period, which ended at 2pm on...

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