CSD holds passing-out parade

     The Correctional Services Department (CSD) held a passing-out parade at the Staff Training Institute in Stanley today (August 9) to mark the graduation of 22 Officers and 72 Assistant Officers II. The Chairman of the Legislative Council Panel on Security, Mr Chan Hak-kan, reviewed the parade.
 
     During the parade, the correctional officers marched past the reviewing officers with energy and high morale. They demonstrated the self-confidence, team spirit and enthusiasm of being correctional officers.
 
     The newly recruited Officers and Assistant Officers II have undergone 26 weeks and 23 weeks of training respectively. One Officer was awarded the Principal's Shield, while three Assistant Officers II were awarded the Golden Whistle for their outstanding performance.
 
     Two graduates spoke to the media after the parade. Officer Mr Lee Tsz-lok said he hopes to help persons in custody to rehabilitate through his teaching experience and communication skills.
 
     Another interviewee, Assistant Officer II Ms Man Woon-yi, who was formerly a representative of the Hong Kong Athletic Team, said correctional work is not only a job, but also a commitment. She expressed the hope to assist persons in custody in turning over a new leaf so as to contribute to the community.




Employee fined for violation of safety legislation

     A foreman was fined $15,000 at Kowloon City Magistrates' Courts today (August 9) for a violation of the Factories and Industrial Undertakings Ordinance. The prosecution was launched by the Labour Department.
      
     The case involved a fatal accident that occurred on December 9, 2017 at a public housing construction site in Shek Kip Mei. A metal bracket being lifted by a tower crane suddenly displaced and hit a worker assisting in the lifting operation. The worker sustained a serious head injury and passed away the same day.




HAD to open temporary night heat shelters

     The Home Affairs Department will open 19 temporary night heat shelters tonight (August 9) for people in need of the service.
 
     The shelters will be open from 10.30pm until 8am tomorrow.
 
     For further information, please call the department's hotline before midnight on 2835 1473.
 
     The 19 night heat shelters are located at:
 
Hong Kong Districts:
———————
 
Central and Western –
Sai Ying Pun Community Complex Community Hall
3/F, Sai Ying Pun Community Complex
2 High Street, Sai Ying Pun
 
Eastern –
Causeway Bay Community Centre
3/F, 7 Fook Yum Road, Causeway Bay
 
Southern –
Lei Tung Community Hall
Lei Tung Estate, Ap Lei Chau
 
Wan Chai –
Wan Chai Activities Centre
LG/F, Wan Chai Market, 258 Queen's Road East, Wan Chai
 
Kowloon Districts:
——————
 
Kowloon City –
Hung Hom Community Hall
1/F, Kowloon City Government Offices
42 Bailey Street, Hung Hom
 
Kwun Tong –
Lam Tin (West) Estate Community Centre
71 Kai Tin Road, Lam Tin

Sham Shui Po –
Shek Kip Mei Community Hall
G/F, Block 42, Shek Kip Mei Estate
Sham Shui Po
 
Wong Tai Sin –
Tsz Wan Shan (South) Estate Community Centre
45 Wan Wah Street, Tsz Wan Shan
 
Yau Tsim Mong –
Henry G Leong Yaumatei Community Centre
60 Public Square Street, Yau Ma Tei
 
New Territories Districts:
————————–
 
Islands –
Tung Chung Community Hall
G/F, Tung Chung Municipal Services Building,
39 Man Tung Road, Tung Chung
 
Kwai Tsing –
Kwai Shing Community Hall
Podium, Block 6, Kwai Shing West Estate, Kwai Chung
 
North –
Cheung Wah Community Hall
Cheung Wah Estate, Fanling
 
Sai Kung –
Hang Hau Community Hall
G/F, Sai Kung Tseung Kwan O Government Complex,
38 Pui Shing Road, Hang Hau, Tseung Kwan O
 
Sha Tin –
Lung Hang Estate Community Centre
Lung Hang Estate, Sha Tin
 
Tai Po –
Tai Po Community Centre
2 Heung Sze Wui Street, Tai Po
 
Tsuen Wan –
Lei Muk Shue Community Hall
G/F, Hong Shue House, Lei Muk Shue Estate, Tsuen Wan
 
Tuen Mun –
Butterfly Bay Community Centre
Butterfly Estate (near Tip Sum House), Tuen Mun
 
Yuen Long –
Long Ping Community Hall
Long Ping Estate, Yuen Long
 
Yuen Long –
Tin Yiu Community Centre
Tin Yiu Estate, Tin Shui Wai

     The temporary night heat shelters will resume their functions as either community centres or community halls in the daytime for hire by the local community and cannot continue to be open as heat shelters. People may choose to take refuge from the heat during the daytime in the common areas in any of the 20 designated community centres or community halls. Their opening hours are from 9am to 10pm. For addresses of the community centres or community halls, please browse the following webpage: www.had.gov.hk/file_manager/en/documents/public_services/emergency_services/List_CH_CC_Day_E.pdf.




Progress in the handling of banking complaints by HKMA

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) announced today the progress made in its handling of banking complaints received as at end-July 2019. Banking complaints include cases concerning general banking services and conduct-related issues.
      
     In July 2019, 151 cases were received and the handling of 187 cases was completed. As at end-July, the handling of 398 cases was in progress. 
      
     A table summarising the progress made in the handling of banking complaints by the HKMA is attached.
 




Tender of 2-Year Exchange Fund Notes to be held on August 20

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) announces that a tender of 2-year Exchange Fund Notes will be held on August 20, 2019 (Tuesday) for settlement on August 21, 2019 (Wednesday), as set out in the tentative issuance schedule announced on May 15, 2019. This is to roll over an issue of 2-year Exchange Fund Notes maturing on the same day. 
      
     A total of HK$1,200 million 2-year Notes will be on offer, of which HK$5 million will be made available for offer to members of the Public who wish to submit non-competitive tender bids through Hong Kong Securities Clearing Company Limited (HKSCC). If the Notes reserved for non-competitive tender are under-subscribed, the non-subscribed amount will be added to the portion of notes for competitive tender (initially set at HK$1,195 million). The Notes will mature on August 23, 2021 and will carry interest at the rate of 1.48% per annum payable semi-annually in arrears.
      
     Members of the public who wish to submit non-competitive tender applications for Notes that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investor Accounts of the Central Clearing and Settlement System (CCASS) at the HKSCC, directly through HKSCC, for submission to the HKMA for processing.  Competitive tender applications for the Notes must be submitted through any of the Eligible Market Makers on the current published list, which can be obtained from the HKMA at 55/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong (telephone 2878 1465), or from the HKMA's website at http://www.hkma.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender.
      
     The tender results will be published on the HKMA’s website, the Reuters screen (HKMAOOE), and Bloomberg.  Applicants who submitted non-competitive tender bids through HKSCC may also obtain the tender results from Stock Exchange Participants/Brokers, or for applicants who hold Investor Accounts at HKSCC’s CCASS from the CCASS terminal for CCASS Broker/Custodian/Participants and CCASS Phone System.
 
Hong Kong Monetary Authority Exchange Fund Note Programme Tender Information
______________________________________________________

Tender information of 2-Year Exchange Fund Notes:
 
 

Issue Number : 02Y2108
 
Stock code : 4077 (EFN 1.48 2108)
 
Tender date and time : August 20, 2019 (Tuesday)
9.30 am to 10.30 am
 
Issue and Settlement Date
 
: August 21, 2019 (Wednesday)
 
Amount on offer : HK$1,200 million
(up to HK$5 million for non-competitive tender)
 
Commencement of/
Deadline for
submission of non-competitive tender bids by retail investors through HKSCC
 
: Please refer to requirements as set down by HKSCC
Maturity : Two years
 
Maturity Date : August 23, 2021 (Monday)
 
Interest Rate : 1.48 per cent p.a.
 
Interest Payment Dates : Feb 21, 2020
Aug 21, 2020
Feb 22, 2021
Aug 23, 2021
 
Tender amount : Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-
competitive tender.  Members of the public who wish to apply for the Notes through non-competitive tenders that are open to HKSCC may do so through Stock Exchange Participants/ Brokers, or for those who hold Investors Accounts at HKSCC’s CCASS, directly through HKSCC.  Members of the public who wish to apply for the Notes through competitive tender may only do so through any of the Eligible Market Makers on the current published list.
 
Other details : Please see Information Memorandum published or approach Eligible Market Makers, HKSCC, or brokers who are Exchange Participants of the Stock Exchange of Hong Kong.
 
Expected commencement date of dealing on the Stock Exchange of Hong Kong :  August 22, 2019 (Thursday)

 
Price/Yield Table of the new EFN at tender for reference* only :
 

Yield-to- Maturity Price Yield-to-Maturity Price
0.480  101.99 1.480 100.01
0.530  101.89 1.530 99.91
0.580  101.79 1.580 99.82
0.630  101.69 1.630 99.72
0.680  101.59 1.680 99.62
0.730  101.49 1.730 99.53
0.780  101.39 1.780 99.43
0.830  101.29 1.830 99.33
0.880  101.19 1.880 99.24
0.930  101.09 1.930 99.14
0.980  100.99 1.980 99.04
1.030  100.89 2.030 98.95
1.080  100.80 2.080 98.85
1.130  100.70 2.130 98.76
1.180  100.60 2.180 98.66
1.230  100.50 2.230 98.56
1.280  100.40 2.280 98.47
1.330  100.30 2.330 98.37
1.380  100.21 2.380 98.28
1.430  100.11 2.430 98.18
1.480  100.01 2.480 98.09

 
* Disclaimer
 
The information provided here is for reference only.Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.