By Sarah Lizee
Olympia, Wash., May 26 – Hong Kong Mortgage Corp. Ltd. priced HK$1 billion of 0.97% notes due May 2023, according to a notice of listing on the Stock Exchange of Hong Kong Ltd.
The notes are to be issued under the issuer’s $6 billion medium-term note program.
The dealer was Standard Chartered Bank (Hong Kong) Ltd.
The listing was expected to become effective on Wednesday.
Hong Kong Mortgage is a government-controlled buyer of home loans.
Issuer: | Hong Kong Mortgage Corp. Ltd.
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Issue: | Notes
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Amount: | HK$1 billion
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Maturity: | May 2023
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Dealer: | Standard Chartered Bank (Hong Kong) Ltd.
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Coupon: | 0.97%
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Listing date: | May 27
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