The new batch of green bonds (green bonds) will be open for subscription from 9 a.m. on 18 September to 9 p.m. on 28 September, as the guaranteed interest rate is increased to 2.4%, which is not only higher than the previous 75.2%, but also more attractive than the current market average Hong Kong dollar fixed deposit. Among them, the entry threshold is only 5,1 yuan per lot, and the interest rate is locked for 3 years in the United States next year or under the background of interest rate cuts, and the market is expected to respond enthusiastically.

A number of experts shared investment tips, pointing out that more than 50,4 people will subscribe this time, exceeding the number last year, with each person receiving 5 to 5 lots, it is recommended that 10 lots per person is sufficient, and those with sufficient funds can subscribe for <> lots; If you have excess funds, you can also pay attention to the secondary market for investment opportunities. However, it warns investors not to sell the old batch of green bonds and ibond to subscribe for new green bonds, so as not to "earn the spread".

The yield of the first batch of green bonds rose to 4.59%

The first batch of green bonds (4252), calculated at a price of 15.11 yuan at 96:5 a.m. on Friday (4th), has a yield of 59.4246%, while iBond (97) has a yield of 85.4% at a price of 53.11 yuan, and the remaining iBond (4239), which pays an interest once in November this year, has a yield of 4.37%.

Some analysts predict that more than 50,4 people will subscribe this time, surpassing last year, with 5 to 5 lots per capita, and it is recommended that 10 lots per capita is sufficient, and those with sufficient funds can subscribe for <> lots. The analysis does not suggest selling the old batch of green bonds and ibonds to subscribe for new green bonds.

Zhang Zhiwei: The indiscriminate sale of old debts can outweigh the losses at any time

Cheung Chi-wai, co-director of Reliance Securities, reminds investors that it is not recommended to sell the old green bonds and ibonds to subscribe for a new batch of green bonds, as the market price of the former is lower than the subscription price, plus the related transaction fees of the sale, etc., the gain will outweigh the loss at any time. At present, the yield of the former has increased, after subscribing to a new batch of green bonds, if there is still excess funds, it is recommended to pay attention to the secondary market to look for investment opportunities.

As for Chow Kwok-chang, Deputy General Manager of Personal Digital Financial Products Department of BOCHK, he expects that the new batch of green bonds will respond enthusiastically, with more than 50,10 people subscribing, which is more enthusiastic than last year, and it is recommended that those with sufficient funds can subscribe for 10 lots per capita. Guo Jiaan, director of Zhifu Securities, said that the US Federal Reserve will discuss interest rates next Wednesday, and if it finally pauses interest rate hikes as the market expects, there is a chance to rise above the subscription price. Therefore, investors can earn both interest and price through this batch of green bonds, and it is recommended that those with sufficient funds can subscribe for 15 to <> lots manually.

Mr Cheung said that after subscribing to the new batch of green bonds, if there is still excess funds, it is recommended to pay attention to the secondary market to look for investment opportunities. (Profile picture)

Guo Jia'an: Tactical subscription strategy of the sea of people

CNCBI said that the guaranteed interest rate of the new batch of green bonds is generally higher than the current Hong Kong dollar fixed, which is believed to be attractive, if you are pursuing stable investment income, you can consider subscribing for about 5 lots. Cheung Chi Wai also believes that due to the high guaranteed interest rate, the number of subscribers is expected to exceed 50,4, and based on this calculation, the average manpower can only get 5 to 5 lots, so it is recommended that <> lots per capita is sufficient.

He also suggested that the tactical subscription strategy of the sea of people can be to abandon the joint account and use the individual account instead, so as to increase the chances of successful subscription. As for whether the relevant green bonds will break on the first day, he believes that due to the attraction of guaranteed interest rates, the new batch of green bonds has less chance of breaking, on the contrary, there is a better chance to rise above the subscription price, which is expected to rise to 101 yuan on the first day, but it is not recommended to buy and sell on the first day, because there are many oversold situations and limited profit space.

Guo Jiaan said that the US Federal Reserve will discuss interest rates next Wednesday, and if it finally pauses interest rate hikes as the market expects, it is expected that this batch of green bonds has little chance of breaking on the first day, and in the context of rising interest rate cuts next year, there is a chance to rise above the subscription price.