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Important Risk Warning:

  • Bond is an investment product. The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.
  • Bonds and Certificates of Deposit (CD) are NOT equivalent to a time deposit. CD is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.
  • Issuer's Risk - The bond and CD are subject to both the actual and perceived measures of credit worthiness of the issuer. There is no assurance of protection against a default by the issuer in respect of the repayment obligations. In the worst case scenario, you might not be able to recover the principal and any coupon if the issuer defaults on the bond and CD.

Additional risks are disclosed in the Risk section. Please refer to it for details.

Invest in Bonds / Certificates of Deposit

At HSBC, we currently offer Bond/CDs issued by governments including PRC, US and HKSAR, local quasigovernment bodies, supranationals and well-known corporations around the world denominated in major currencies.

  • Potential for capital gains when you buy and sell Bond/CD.
  • Steady income is generated by the interest paid throughout the life of the Bond/CD.

Important Notice : Updated Product Risk Rating
To keep you updated on the recent risk rating changes of Bonds / Certificates of Deposit.View detail

How to invest?

Not yet a HSBC Personal Internet Banking User

Register for HSBC Personal Internet Banking

Need help?

Call (852)2233 3733 (852)2233 3733


Latest Yield

The annualized yield shown below represent the highest yield of the respective bond/CD category and currencies as of 17 Nov 2016.

Browse our range of bonds/CDs by quick search categories:

Highest Yield

Top Price Performers

Bestsellers

All Bonds

Newly Introduced


Why Bonds / Certificates of Deposit ?

Yield Enhancement

Investing in Bonds may improve your return than sitting on cash.

Find out more

Potential for capital gain from price appreciation occurs when market interest rates fall or when perceived creditworthiness of the bond's issuer strengthens.

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Regular Income Source

Bonds deliver stable and predictable coupons as streams of income, while offer predictable repayment of principal at maturity.

Find out more

Risk Diversification Tool

Bonds exhibit low correlation to other asset classes, hence the inclusion of bonds can bring relative stability to a portfolio.

Find out more

How to invest/get started with HSBC

Start investing in Bond/CD now

If you have an HSBC Premier/HSBC Advance/Personal Integrated AccountFootnote1 investment services account, or a Securities Account, you can buy/sell Bond/CDFootnote2 through any HSBC branch, our phone banking serviceFootnote3 or HSBC Personal Internet Banking.

1“Personal Integrated Account” is used interchangeably in customer communications including account statement, bank forms / advices, internet banking platform etc.

2Trading of RMB bonds is specifically designed for HSBC Premier/HSBC Advance/Personal Integrated Account customers who also hold a RMB savings account.

3Phone banking provides service to customers on selling bonds only.

For more information:

How much does it cost?

Service Charges

Service Charges Table
Service Handling fees
Bond CD
Safe custody Waived Waived
Interest Collection Waived Waived
Redemption at maturity Waived Waived
Transfer Footnote4 Into HSBC Waived
Out of HSBC Through Central Money Market Unit (CMU): HKD500 per note/bond per transfer Through Euroclear/other overseas clearing houses/bank: HKD1,000 per note/bond per transfer

4Customers will need to pay if there are any out of pocket costs incurred.

  • Additional information

Risk disclosure:

  • Bonds and CD are mainly for medium to long term investment, not for short term speculation. You should be prepared to invest your funds in bonds / CD for the full investment tenor; you could lose part or all of your investment if you choose to sell bonds / CD prior to maturity.
  • It is the issuer to pay interest and repay principal of bonds / CD. If the issuer defaults, the holder of bonds / CD may not be able to receive back the interest and principal. The holder of bonds / CD bears the credit risk of the issuer and has no recourse to HSBC unless HSBC is the issuer itself.
  • Indicative price of bonds / CD are available and bonds / CD price do fluctuate when market changes. Factors affecting market price of bonds / CD include, and are not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. The fluctuation in yield generally has a greater effect on prices of longer tenor bonds / CD. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling bonds / CD.
  • If you wish to sell Bonds / CDs, HSBC may repurchase it based on the prevailing market price under normal market circumstances, but the selling price may differ from the original buying price due to changes in market conditions.
  • There may be exchange rate risks if you choose to convert payments made on bonds / CD to your home currency.
  • The secondary market for bonds / CD may not provide significant liquidity or may trade at prices based on the prevailing market conditions and may not be in line with the expectations of holders of bonds / CD.
  • If bonds / CD are early redeemed, you may not be able to enjoy the same rates of return when you re-invest the funds in other investments.

For Renminbi (RMB) products:

  • There may be exchange rate risks if you choose to convert RMB payments made on the bonds to your home currency.
  • RMB debt instruments are subject to interest rate fluctuations, which may adversely affect the return and performance of the RMB products.
  • RMB products may suffer significant losses in liquidating the underlying investments if such investments do not have an active secondary market and their prices have large bid/ offer spreads.

You could lose part or all of your investment if you choose to sell your RMB bonds prior to maturity.

Bonds are credit notes issued by governments, corporations or other issuers to bondholders. As a bondholder, you are extending credit to these issuers and they are obligated to repay the redemption value of the bond upon maturity, as well as a rate of interest during the life of the bond. There are many types of bonds from different issuers that vary in their terms. Some examples include the fixed rate bond, floating rate bond, zero coupon bond and convertible bond as well as Certificates of Deposit (CDs).
In general, bonds and CDs offer comparatively safe returns. At HSBC, we currently offer bonds and CDs issued by governments including PRC, US and HKSAR, local quasigovernment bodies, supranationals and well-known corporations around the world denominated in major currencies. There is also a wide selection of tenors or terms from which to choose, i.e., from 1 to 30 years with various benchmark yields. The minimum investment amount can be as low as HKD10,000.

  • Regular income
    Bonds deliver stable and predictable coupons as streams of income. Bonds also offer predictable repayment of principal at maturity.
  • Yield Enhancement
    Bond yields are usually higher than time deposit rates with similar maturity.
  • Capital Gain Potential
    You can also benefit from capital appreciation if bond prices move up.
  • Risk Diversification Tool
    Bonds exhibit low correlation to other asset classes, hence the inclusion of bonds can bring relative stability to a portfolio.

HSBC offers you a full range of investment grade or equivalent bonds including RMB dimsum bonds, Government Bonds and Corporate Bonds with wide ranges of major currencies selections and tenors ranging from 1 to 30 years. Investment amount can be as low as HKD10,000.

Bonds from HSBC can be categorised by:

  • types of issuers - corporate bonds,supranational bonds and government/quasi-government bonds
  • coupon - fixed rate bonds, floating rate bonds and zero-coupon bonds
  • credit quality - investment grade bonds
  • currency - HKD, USD, AUD, CAD, CNY, EUR, GBP, NZD and SGD

HSBC lets you invest in a wide range of bonds with a minimum investment amount of HK$10,0005.

5Please note the minimum and incremental investment amount varies from bond to bond. Please consult us for more details.

You can now trade bonds via HSBC Personal Internet Banking. Our one-stop online platform offers bond IPO subscription and secondary market trading services.

If you already have an HSBC Investment Services/Securities account, you can simply log on and execute your bond order with us. We also offer bond trading services through our branches and investment phone banking service. To open an Investment Services/Securities account, simply visit www.hsbc.com.hk any time or visit any HSBC branch in Hong Kong.

HSBC will repurchase the bonds purchased through us based on the prevailing market price under normal circumstances thus you may not hold the bonds until maturity. Customer's selling price may differ from the original buying price due to changes in market condition. You could lose part or all of your investment if you choose to sell the bonds prior to maturity.

All bonds purchased through HSBC are under our custody and nominee service. So just sit back and we'll ensure all interest earned is credited to your settlement account once the payment is received from the relevant custodian on or after the coupon payment date.

Disclaimer Select to Expand Select to Collapse

This information is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. HSBC has based this list on information obtained from sources it believes to be reliable but which it has not independently verified. HSBC makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The information is subject to change without notice.