The convertible bonds, denominated in Hong Kong dollars, will be due around the end of June 2030, and will carry a coupon of zero to 0.5 per cent payable semiannually, according to the terms of ...

For example, if the account paid interest semiannually and the annual rate equals 7.4 percent, you would divide 0.074 by 2 to find the periodic rate to be 0.037.