Hong Kong will review bond issuance, says Hui

Staff reporter

The Hong Kong government will review the scale and methods of bond issuance in the coming years while formulating the budget, said Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.

Hui told the Legislative Council that after considering the proceeds from government bond issuance, the latest estimate for the overall deficit for the current 2024-2025 year is expected to be below HK$100 billion.

Late in October, Financial Secretary Paul Chan Mo-po had stated that authorities will continue to issue bonds, with an initial plan to raise between HK$120 billion and HK$130 billion annually.