Silver Bond 2026: HK$64.3B Refund Options Focus on Term Deposits, High-Yield Stocks
AM730 · 2 SOURCESabout 5 hours ago2 MIN
Summary
The new batch of Silver Bonds was officially issued on Tuesday (September 15), with subscription amounts and applicant numbers both hitting record highs. The refund for unsuccessful applications reached HK$64.3 billion, prompting banks to roll out attractive deposit promotions to capture these funds. Experts recommend elderly investors compare term deposit rates, consider high-dividend blue chip stocks, or wait for the US Federal Reserve meeting on Thursday before making decisions.
Key Points
- Total subscription for this batch of Silver Bonds reached HK$119.3 billion from 476,700 elderly citizens, with the final issuance capped at HK$55 billion, resulting in refunds of HK$64.3 billion
- HSBC offers eligible clients who applied through the bank a 3% annual interest rate on 3-month Hong Kong dollar time deposits using refunded funds
- Dah Sing Bank provides a 3.5% interest rate on 3-month Hong Kong dollar time deposits for new funds between HK$100,000 and HK$1 million, requiring a foreign exchange transaction
- China Construction Bank (Asia) offers an additional 0.08% interest rate on time deposits of HK$100,000 to HK$3 million, regardless of whether clients subscribed through the bank
- Financial experts recommend high-dividend blue chip stocks such as Industrial and Commercial Bank of China (1398) with an expected dividend yield of 4.6% and China Mobile (0941) at 6.6%, while advising against allocating more than 40% of funds to stocks
Why It Matters
The record-breaking subscription for Silver Bonds reflects the strong demand for low-risk investment products among Hong Kong's elderly population. With HK$64.3 billion in refunds flowing back to seniors, banks have been rolling out competitive deposit promotions . Experts suggest that elderly investors should compare the various deposit offers or wait for Thursday's US Federal Reserve meeting outcome before making deployment decisions .
The record-breaking subscription for Silver Bonds reflects the strong demand for low-risk investment products among Hong Kong's elderly population. With HK$64.3 billion in refunds flowing back to seniors, banks have been rolling out competitive deposit promotions . Experts suggest that elderly investors should compare the various deposit offers or wait for Thursday's US Federal Reserve meeting outcome before making deployment decisions .