Hong Kong mortgage securities companies optimize and implement green promotion of the elderly mortgage plans.

In order to promote green and sustainable finance development for the benefit of the environment and society, mortgage securities companies in Hong Kong will introduce two measures, namely optimizing the elderly mortgage plan and implementing green promotion. The optimized elderly mortgage plan will lower interest rates for retirees in need and provide higher monthly annuity amounts, while the green promotion will offer a one-time cash reward. 1. Optimizing the elderly mortgage plan Benefiting from the successful issuance of HK$2 billion 30-year social responsibility bonds in November 2025, which lowered funding costs, the elderly mortgage plan has introduced optimization measures, reducing the annual interest rate for the first 30 years of the fixed-rate mortgage plan to 4%. Different age groups can receive up to a 5% increase in monthly annuity amounts. Applications will be accepted starting from tomorrow (March 10). 2. Green promotion To support the development of environmentally-friendly buildings and promote a sustainable future for Hong Kong, mortgage securities companies will conduct a promotion from March 17, 2026, to December 31, 2026. This encourages citizens to apply for the elderly mortgage plan, mortgage insurance plan (mortgage insurance), and fixed-rate mortgage plan for properties rated "green building environmental assessment" to receive a one-time cash reward (green promotion). Regarding the reward for green promotion: The Executive Director and CEO of the Hong Kong Mortgage Securities Company, Buck Yun, expressed his delight that the funds raised from issuing social responsibility bonds last year could be used to support the elderly mortgage plan, reducing interest rates for retirees in need and providing higher monthly annuity amounts. This not only promotes the development of the local retirement planning market in Hong Kong but also contributes to the silver economy. Additionally, through the implementation of green promotion, mortgage securities companies encourage citizens to support environmentally-friendly buildings, promote environmental culture, and have a positive impact on the environment.