Wednesday, 27 August 2014

HK iBond Purchased

Earlier this month i purchased 2 units of the new annual HK iBond, which was the maximum subscription amount given its popularity.

Whilst the amounts are small, this represents probably the best 'cash' return available for HKD, in line with the local rate of inflation.

It is frustrating that it is not possible to buy more, but given the relative health of the HK public sector finances, I can understand why there is no great desire to raise significant amounts of this relatively expensive debt.

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