What are bonds?

Bond is a debt instrument where the bond issuer issues the bond for purchase. It is also known as fixed income security, as a bond usually gives regular or fixed return.

Typical bond issuers include: Sovereign entities, Governments/Government agencies, Banks, Non-bank financial institutions, & Corporations.

What are structured notes?

Structured Notes is a debt instrument, embedded with derivatives, which provides you an opportunity to enjoy a potential return or yield enhancement linked to the performance of the underlying assets. You may customise the terms with different asset classes, flexible structures, level of capital protection and investment tenures to match with your investment objectives.

What are the bonds features?

Wide Selection

An extensive selections of quality bonds issued by well-known organisations around the world to fulfil your investment needs

Yield Enahncement and Coupon Payments

Bond may offer a better potential return than short-term bank deposits. Steady and predictable income from bond coupon interest may be paid across the bond tenor

Potential Capital Gain

May benefit from potential capital gain from bond price appreciation.

Capital Preservation

Bonds typically repay principal amount at maturity, which implies investors can avoid losing their invested capital unless the issuers default.

Top Selling Treasury Bonds

Bond Name

ISIN No.

Issuer

Currency

T 4% 11/15/2042

US912810TM09

United States Treasury Note/Bond

USD

T 4.375% 08/15/2043

US912810TU25

United States Treasury Note/Bond

USD

T 3.875% 08/15/2033

US91282CHT18

United States Treasury Note/Bond

USD

T 4.25% 05/15/2035

US91282CNC19

United States Treasury Note/Bond

USD

T 5% 05/15/2037

US912810PU60

United States Treasury Note/Bond

USD

UKT 0.5% 10/22/2061

GB00BMBL1D50

United Kingdom Gilt

GBP

KSA 3.25% 10/22/2030

XS2159975700

Saudi International Bond

USD

T 4.875% 10/31/2030

US91282CJG78

United States Treasury Note/Bond

USD

TCV 2% 09/17/2035

AU3SG0002579

Treasury Corp Victoria

AUD

KSA 4.5% 10/26/2046

XS1508675508

Saudi International Bond

USD

Note: List above is the popular bonds offered by SCBHK in the specified offer period^. The above information is past sales record and for reference only. It is not and shall not be considered as investment advice. It does not constitute any offer or solicitation of offer to subscribe, transact or redeem any investment products. If you would like to obtain the latest information on the relevant products, please contact our relationship manager. Suitability assessment is required before subscribing for the relevant products.

^Last update date: 2/3/2026

Top Selling Corporate Bonds

Bond Name

ISIN No.

Issuer

Currency

MTRC 5.582% 01/29/2038

AU3CB0330785

MTR Corp Ltd

AUD

BCRED 6% 11/22/2034

US09261HBW60

Blackstone Private CRE

USD

AMZN 4.1% 11/20/2030

US023135CT13

Amazon.Com Inc

USD

CPB 4.75% 03/23/2035

US134429BQ17

The Campbells Company

USD

BABA 2.125% 02/09/2031

US01609WAX02

Alibaba Group Holding

USD

COKE 5.25% 06/01/2029

US191098AM46

Coca-Cola Consolidated

USD

GOOGL 4.7% 11/15/2035

US02079KAY38

Alphabet Inc

USD

ORCL 5.375% 09/27/2054

US68389XCU72

Oracle Corp

USD

CKHH 3.125% 04/15/2041

USG2182GAC71

CK Hutchison Intl

USD

BCRED 5.6% 11/22/2029

US09261HBU05

Blackstone Private CRE

USD

Note: List above is the popular bonds offered by SCBHK in the specified offer period^. The above information is past sales record and for reference only. It is not and shall not be considered as investment advice. It does not constitute any offer or solicitation of offer to subscribe, transact or redeem any investment products. If you would like to obtain the latest information on the relevant products, please contact our relationship manager. Suitability assessment is required before subscribing for the relevant products.

^Last update date: 2/3/2026


How does bond work?

A Client would like to invest in 5-Year Bond A on 1st July 2025 with bond features as below:

Client Buying Price 102%
Face Value US$100,000
Coupon Rate / Payout Frequency / Payout Date 5% p.a. / Once a Year / 31 December
Bond Tenor / Bond Maturity Date 4.5 Years / 31 December 2029
Purchase of Bond
Client Buying Bond at Bond Price of 102% US$100,000 x 102% = US$102,000
6-month Accrued Interest Paid to Seller US$100,000 x 5%p.a. x 6 / 12 = US$2,500
Total Investment Amount Required US$102,000 + US$2,500
= US$104,500
Case 1
Case 2
Case 3

Holding the Bond until Maturity

Client will receive coupon interest every year until maturity (i.e. 5 coupon payments in total during 2025 – 2029) and the bond face value on the maturity date.
Coupon Payment Received US$100,000 x 5% p.a. x 5 (Face Value x Coupon Rate x Bond Tenor)
= US$25,000
Bond Face Value upon Maturity US$100,000
Total Receivable US$25,000 + US$100,000 = US$125,000
Total Return US$125,000 – US$104,500
= US$20,500

Sell the Bond on 1st Oct 2026 (i.e. 1.25 years later) at the Bond Price of 105%

Client will receive funds from selling the bond with bond price of 105% plus the accrued interest paid by buyer for holding the bond for 9 months after previous coupon payment on 31 December 2025.
Client Selling Bond at Bond Price of 105% US$100,000 x 105% = US$105,000
Coupon Payment Received by Client on 31 Dec 2025 US$100,000 x 5%p.a. = US$5,000
Accrued Interest Received from Buyer US$100,000 x 5%p.a. x 9 / 12 = US$3,750
Total Receivable US$105,000 + US$5,000 + US$3,750 = US$113,750
Total Return US$113,750 – US$104,500
= US$9,250

Sell the Bond on 1st Oct 2026 (i.e. 1.25 years later) at the Bond Price of 94%

Client will receive funds from selling the bond with bond price of 94% plus the accrued interest paid by buyer for holding the bond for 9 months after previous coupon payment on 31 December 2025.
Client Selling Bond at Bond Price of 94% US$100,000 x 94% = US$94,000
Coupon Payment Received by Client on 31 Dec 2025 US$100,000 x 5%p.a. = US$5,000
Accrued Interest Received from Buyer US$100,000 x 5%p.a. x 9 /12 = US$3,750
Total Receivable US$94,000 + US$5,000 + US$3,750 = US$102,750
Total Return US$102,750 – US$104,500
= – US$1,750 (Loss)

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Important Note

Structured notes are structured products involving derivatives. The investment decision is yours but you should not purchase such products unless the intermediary who sells it to you has explained to you that the product is suitable for you in regards to your financial situation, investment experience and investment objectives.

Risk Disclosure Statement

  1. The contents of this website have not been reviewed by the Securities and Futures Commission of Hong Kong (“SFC”) or any other regulatory authority in Hong Kong. You are advised to exercise caution in making any investment decision. If you are in any doubt about any of the contents of this website, you should obtain independent professional advice.
  2. The price of Bonds / Structured Notes can and does fluctuate and the price of any individual Bonds / Structured Notes may experience upward or downward movements and may even become valueless. There is an inherent risk that losses may be incurred rather than profits made as a result of trading Bonds / Structured Notes. Independent assessment of the risk and appropriateness of the transaction in light of your own objectives and circumstances, including the possible risks and benefits of entering into such transaction, should be considered before entering into any transaction.
  3. Bond / Structured Notes are not bank deposits and involve risks, including, in the worst case scenario, the risk of losing your principal amount invested and any coupon payable. Before making any investment decisions, please carefully read and understand the risk disclosures in the relevant sales documents to learn more.
  4. Bonds / Structured Notes are investment products. The investment decision is yours but you should not invest in this security unless the intermediary who sells it to you has explained to you that the investments suitable for you having regard to your financial situation, investment experience and investment objectives. If you are in any doubt about the risks involved in the investment, you may clarify with the intermediary or seek independent professional advice.
  5. Where the issuers of Bonds / Structured Notes are based in developing or emerging markets, investment in a bond may involve certain special risks, including risks associated with political and economic uncertainty, adverse governmental policies, restrictions on foreign investment and currency convertibility, currency exchange rate fluctuations, possible lower levels of disclosure and regulation, and uncertainties as to the status, interpretation and application of laws, including those relating to private ownership of assets, expropriation, nationalisation and confiscation.
  6. Where the Bonds / Structured Notes are denominated in a non-local currency, including the Renminbi (the “RMB”), you face the risk of exchange rate fluctuations and controls (where applicable)
  7. You assume the full credit risk of the issuer and the guarantor (where applicable). Should the issuer and/or the guarantor become insolvent or default on its/their obligations (including payment obligations) or fail in any other way, you may not receive any repayment of your principal amount or any other payments due to you under the terms of the bonds.
  8. The prices of Bonds / Structured Notes may fluctuate dramatically as a result of various changes in the market, the economy and other factors. These changes or factors include but are not limited to changes in interest rates, foreign exchange rates, changes in credit rating of the issuer and/or guarantor (where applicable), the level of inflation and the remaining tenor.
  9. Past performance is not indicative of future performance.

Note

This webpage does not constitute any offer, invitation or recommendation to any person to enter into any transaction described therein or any similar transaction, nor does it constitute any prediction of likely future price movements. Investors should not make investment decisions based on this webpage alone. This webpage has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.

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