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Patrick Nip visits AXA

Secretary for the Civil Service Patrick Nip today visited AXA Hong Kong & Macau to view the administering of COVID-19 vaccines.   About 360 staff and agents of the enterprise will receive either a Sinovac or BioNTech vaccine during a two-day outreach vaccination service by the Government.   Mr Nip said the Government welcomes enterprises to join hands with it in promoting the Early Vaccination for All campaign and encourages their employees to support the vaccination programme to protect the health of themselves, colleagues and clients.   He also hoped that people who get vaccinated will encourage their families and friends to do the same as a way to help build an immune barrier in Hong Kong.   He called on the public to get vaccinated as early as possible, noting that the vaccination programme is already offering more quotas for people to make bookings, and same-day tickets for vaccinations will be distributed to seniors aged 70 or above starting tomorrow.   Elderly peop

iBond allocation announced

Subscription and allocation results for the eighth inflation-linked iBond were released today, with each valid application to be allocated up to three units.   A total of 709,198 valid applications were received for more than $53.9 billion in principal amount of bonds. The final issue amount is $20 billion.   Financial Secretary Paul Chan said the latest issuance of the iBond has been warmly received by the public, with both the volume of applications and the total application amount achieving record highs since the iBond's inaugural issuance in 2011.   He noted that the issuance of the iBond provided the public with a safe investment choice of steady return under the current low interest rate and uncertain investment environment.   It also further enhanced the investing public's interest in and awareness of bond investments, thereby promoting the development of the retail bond market in Hong Kong, he added.   The 55,381 applications for two units or less will be allocated the full amount.   The other 653,817 applications for more than two units will be allocated two units each, while 605,727 will be allocated one additional unit after a ballot.   The iBond will be issued on June 23 and listed on the Stock Exchange on June 24.  
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