Minimum Interest Rate of 3.85% p.a.* for Silver Bond
CCB (Asia) Customers can enjoy 7 Fee Waivers and Time Deposit Bonus Interest Rate for Subscription
CCB (Asia) fully supports the Hong Kong SAR Government’s launch of a new batch of Silver Bond which offers senior citizens an investment option with steady returns.
The Silver Bond will be available for subscription to Hong Kong residents who turn 60 in or before 2026 (i.e. those born in 1966 or before) while holding a valid Hong Kong Identity Card. The minimum denomination of the Silver Bond is HK$10,000 with a tenor of three years. Interest will be paid once every six months at a minimum interest rate of 3.85% p.a.*. Each eligible investor will be allocated 100 units of the bond at most.
Subscription Period:
September 15, 2025 (9am) – September 29, 2025 (2pm)
September 15, 2025 (9am) – September 29, 2025 (2pm)
Enjoy 7 Fee Waivers for Subscription of Silver Bond
“7 Fee Waivers” include:
1
Subscription Fee
2
Custodian Fee
3
Interest Collection Fee
4
Maturity Redemption Fee
5
Early Redemption Handling Fee
6
Transfer-In Fee
7
Transfer-Out Fee
e-Channels are Now Available for Quick & Easy Subscription
e-Channel Subscription Deadline:
September 24, 2025 (11:59pm)
September 24, 2025 (11:59pm)
Place Time Deposit to Enjoy 0.1% p.a. Bonus Interest Rate
Customers who apply for Silver Bond via the Bank and set up a 3-month HKD Time Deposit in an amount of HK$100,000 – HK$1,000,000 with Silver Bond refund moneys or new fund at our branch from October 10, 2025 to October 18, 2025, can enjoy 0.1% p.a. bonus interest rate .
The above offer is bound by related terms and conditions. Please contact our Bank’s staff to check the latest Time Deposit Interest Rate (p.a.).
Further information about Silver Bond is available on the Government Bonds Programme website:
Key Notes: There will be no secondary market for Silver Bond, but a redemption mechanism is made available by the Government. Customers can submit an early redemption request to CCB (Asia) when needed.
*Remarks: Per annum, payable every 6 months in arrears, at a rate linked to inflation in Hong Kong, subject to a minimum interest rate of 3.85%. Source from the press release in HKSAR Government News Archives (August 29, 2025).
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Enquiry Hotline : 2903 8343
Investment involves risk. Terms and Conditions apply, please refer to the following terms and conditions or contact our staff for details.
Terms and Conditions
Offer of 7 Fee Waivers for Silver Bond Subscription - Details and Terms and Conditions:
- China Construction Bank (Asia) Corporation Limited (“CCBA”) provides 7 Fee Waivers (the “Offer”) in respect of the Silver Bond subscription. CCBA participates as a Placing Bank and acts as an agent during the subscription process of the Silver Bond.
- This Offer is valid from 9 am on September 15, 2025 (Monday) to 2 pm on September 29, 2025 (Monday), both dates inclusive (the “Promotion Period”).
- Clients who have successfully subscribed the Silver Bond through CCBA within the Promotion Period will enjoy waiver of subscription handling fee, custody fee, interest collection fee, maturity redemption fee, early redemption handling fee, transfer-in fee and transfer-out fee.
- CCBA reserves rights to suspend, modify or terminate this Offer from time to time without prior notice.
- In case of any disputes, CCBA reserves the right of final decision and such decision shall be final and binding on all clients who participate in the Silver Bond subscription.
- Before making any investment decision, investors should carefully consider their own circumstances, risk tolerance level, investment experience and investment objectives. Investors should not make investment decisions based on this Offer alone. This Offer does not constitute recommendation or solicitation of any investment products. If they are in doubt, they should seek independent professional advice.
- If there is any discrepancy between the English and Chinese versions of the above terms and conditions, the English version shall prevail.
Key Risks of Investing in Retail Bonds:
Interest rate risk
The retail bonds carry a floating rate of interest that is calculated other than by reference to prevailing Hong Kong dollar interest rates. The return on your retail bonds may be relatively lower if the prevailing Hong Kong dollar interest rates increase during the term of the retail bonds.
Index risk
The retail bonds carry a rate of interest that includes a component linked to the Composite Consumer Price Index. The return on your retail bonds may be affected by movements in the index.
Liquidity risk
You cannot transfer your retail bonds to any other person. There will be no secondary market for your retail bonds. If you wish to sell your retail bonds before maturity, you may only submit an early redemption request to your placing bank or designated securities broker.
Credit risk
The retail bonds are not secured. When you buy retail bonds you will be relying on the creditworthiness of HKSAR Government. Adverse changes in the wider economic conditions in Hong Kong and the world and/or the creditworthiness of HKSAR Government may affect HKSAR Government’s ability to make payments of principal of and interest on your retail bonds. In the worst case scenario, you could lose all of your investment.
Intermediary risk
You can only hold retail bonds indirectly through certain institutions, whom you will have to rely on to perform a number of functions, including passing on payments of principal of and interest on your retail bonds to you and proving your interest in your retail bonds.
Infrastructure investment risk
The retail bonds may not necessarily be a suitable investment if you seek exposure to specific types of infrastructure projects. While the proceeds of the retail bonds will be used to fund one or more of the “Eligible Projects” as defined in the Infrastructure Bond Framework, payments under the retail bonds are not linked to the performance of the relevant Eligible Project(s). The retail bonds are not secured by income from the Eligible Project(s) and you do not have any rights to the Eligible Project(s). HKSAR Government has the sole and absolute discretion to determine the allocation of the proceeds of retail bonds to the Eligible Project(s), which may be changed and/or updated from time to time.
Interest rate risk
The retail bonds carry a floating rate of interest that is calculated other than by reference to prevailing Hong Kong dollar interest rates. The return on your retail bonds may be relatively lower if the prevailing Hong Kong dollar interest rates increase during the term of the retail bonds.
Index risk
The retail bonds carry a rate of interest that includes a component linked to the Composite Consumer Price Index. The return on your retail bonds may be affected by movements in the index.
Liquidity risk
You cannot transfer your retail bonds to any other person. There will be no secondary market for your retail bonds. If you wish to sell your retail bonds before maturity, you may only submit an early redemption request to your placing bank or designated securities broker.
Credit risk
The retail bonds are not secured. When you buy retail bonds you will be relying on the creditworthiness of HKSAR Government. Adverse changes in the wider economic conditions in Hong Kong and the world and/or the creditworthiness of HKSAR Government may affect HKSAR Government’s ability to make payments of principal of and interest on your retail bonds. In the worst case scenario, you could lose all of your investment.
Intermediary risk
You can only hold retail bonds indirectly through certain institutions, whom you will have to rely on to perform a number of functions, including passing on payments of principal of and interest on your retail bonds to you and proving your interest in your retail bonds.
Infrastructure investment risk
The retail bonds may not necessarily be a suitable investment if you seek exposure to specific types of infrastructure projects. While the proceeds of the retail bonds will be used to fund one or more of the “Eligible Projects” as defined in the Infrastructure Bond Framework, payments under the retail bonds are not linked to the performance of the relevant Eligible Project(s). The retail bonds are not secured by income from the Eligible Project(s) and you do not have any rights to the Eligible Project(s). HKSAR Government has the sole and absolute discretion to determine the allocation of the proceeds of retail bonds to the Eligible Project(s), which may be changed and/or updated from time to time.