Indicative Bid (Client Sell) Indicative Offer (Client Buy)
94.031 96.447
Indicative Bid Yield to Worst Indicative Offer Yield to Worst
11.879% 6.899%
Sell Buy
Bond Risk
CPY Risk Level 4
Risk Profile

Very High Risks

Offer to Professional Investor Only YES
Bond required derivative Knowledge (Y/N) NO
Remaining Tenor Perpetual
Bond Information
ISIN XS1628340538


Guarantor N/A
Maturity Date Perpetual
Currency USD
Coupon Rate% 0.0000
Coupon Frequency Semi Annual
Coupon Type VARIABLE
Bond sector Financial
Bond Sub sector Insurance
Payment Rank Subordinated
Moody's Rating N/A
S&P Rating N/A
Amount Issued 750MM
Exchange HONG KONG
Minimum Investment 200000
Next Callable Date 15/6/2022
Next Callable Price 100
Next Puttable Date N/A
Next Puttable Price N/A
Minimum Investment Amount 200000
Minimum Increment Amount 1000
Special Features Pro Debt, Perp
Related Securities
Securities Code N/A
Securities Name



Pro. Debt: Professional Debt securities under Hong Kong Stock Exchanges Listing Rule Chapter 37 (“Professional Debts”) are targeted at professional investors only.

Perp: Perpetual bonds

M: Represent every 1,000

Complex Product Disclaimer:

This bond is a complex product and that investor should exercise caution in relation to the product.

Risk associated with investing in Complex Product

1. Complex bonds are bonds with special features (including but not limited to, perpetual or subordinated bonds, or those with variable or deferred interest payment terms, extendable maturity dates, or those which are convertible or exchangeable or have contingent write down or loss absorption features, or those with multiple credit support providers and structures) and/or bonds comprising one or more special features.

2. The offering memorandums of the complex bond have not been reviewed by the SFC and investors are advised to exercise caution in relation to the offer.

3. Past performance of bond is not indicative of future performance.

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Important Notice:
The information is provided by Core Pacific – Yamaichi International (H.K.) Limited (“CPY”) and is solely for your reference. It is not and shall not be construed as an offer, recommendation or solicitation to buy or sell any investment products, nor is it an official confirmation of terms. Investors should consider and understand their financial positions, investment experience and risk tolerance level before trading. If you have any doubt, please consult your investment advisor and/or other appropriate professional for advice.
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For risks relating to Fixed Income Product, please refer to the Fixed Income product Important Notice and Risk Disclaimer.