Bond Hong Kong Airport Authority 2.625% ( USY00284AX03 ) in USD

Issuer	Hong Kong Airport Authority
Market price	100 % ▲
Country	Hong Kong
ISIN code	USY00284AX03 ( in USD )
Interest rate	2.625% per year ( payment 2 times a year)
Maturity	04/02/2051
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	200 000 USD
Total amount	600 000 000 USD
Cusip	Y00284AX0
Next Coupon	04/08/2026 ( In 75 days )
Detailed description	Airport Authority Hong Kong (AAHK) is a statutory body responsible for the operation, management, and development of Hong Kong International Airport and other aviation-related infrastructure in Hong Kong. Detailed Profile: Airport Authority Hong Kong's US Dollar-Denominated Bond A significant fixed-income instrument issued by the Airport Authority Hong Kong (AAHK) is currently observable in the global debt market. This bond, precisely identified by its ISIN USY00284AX03 and further by its CUSIP Y00284AX0, represents a substantial long-term investment opportunity, denominated in U.S. dollars and issued from Hong Kong. The issuer, Airport Authority Hong Kong, is a statutory body established in 1999 under the Airport Authority Ordinance with the mandate to operate and develop Hong Kong International Airport (HKIA). HKIA stands as a pivotal international and regional aviation hub, consistently ranked among the world's busiest airports for international cargo and passenger traffic. AAHK's comprehensive responsibilities encompass the management, operation, and strategic development of all airport facilities, including runways, terminal buildings, and various support infrastructures. Its crucial role in Hong Kong's economic prosperity and its connectivity to the global economy underscores its importance and, by extension, the financial stability supporting its debt instruments. This particular bond offering is indicative of AAHK's ongoing capital expenditure and operational funding requirements. It features a fixed interest rate, or coupon, of 2.625%, with interest payments scheduled to be disbursed twice annually, signifying a semi-annual payment frequency. The bond is characterized by a notably long maturity date, set for February 4, 2051, positioning it as a significant long-term debt instrument within investment portfolios. The total size of this issuance is USD 600,000,000, reflecting a considerable capital raise by the Authority. Currently, the bond is trading at 100% of its par value in the market, implying that its yield to maturity is closely aligned with its stated coupon rate for new investors. For those interested in acquiring this security, the minimum purchase size has been established at USD 200,000, typically tailoring it towards institutional investors or high-net-worth individual market participants. The U.S. dollar denomination broadens its accessibility to a diverse international investor base, while its fixed coupon rate provides predictable returns, a key attribute for fixed-income strategies seeking stability and consistent income streams over an extended horizon.