By Sarah Lizee
Olympia, Wash., July 17 – Hong Kong Mortgage Corp. Ltd. priced HK$420 million of 0.91% notes due July 2023 and HK$500 million of 0.93% notes due July 2023, according to notices of listing on the Stock Exchange of Hong Kong Ltd.
Australia and New Zealand Banking Group Ltd. is the dealer for the 0.91% notes and Standard Chartered Bank (Hong Kong) Ltd. is the dealer for the 0.93% notes.
Both series are being issued out of the company’s $12 billion medium-term note program.
Listing is expected to become effective on Monday.
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$920 million
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Listing date: | July 20
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0.91% notes
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Amount: | HK$420 million
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Maturity: | July 2023
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Dealer: | Australia and New Zealand Banking Group Ltd.
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Coupon: | 0.91%
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0.93% notes
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Amount: | HK$500 million
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Maturity: | July 2023
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Dealer: | Standard Chartered Bank (Hong Kong) Ltd.
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Coupon: | 0.93%
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