[HIGHLIGHTS] The Hong Kong SAR government will issue HK$120 billion in bonds in the new fiscal year

The Hong Kong SAR government will issue HK$120 billion in bonds in the new fiscal year. Of the 120 billion yuan in bonds, 70 billion yuan is the retail part.

The SAR government plans to issue approximately NT$95 billion to NT$135 billion in Bonds each year over the next five years to promote the northern metropolitan area. It is expected that the ratio of government debt to gross domestic product will range from about 9% to about 13% from 2024/2025 to 2028/2029.