BOC Hong Kong 'First P Then H' & HIBOR Mortgage Plan

BOC Hong Kong 'First P Then H' & HIBOR Mortgage Plan (中銀香港「先 P 後 H」及 H 按計劃) by Bank of China (Hong Kong) pairs a H+1.30% HIBOR rate with a Preferential P - 2.32% initial 2–3 yrs, auto-converting to H+1.3% (Cap P - 1.75%) cap (~3.30% effective ceiling) and up to 0.85% cash rebate. Key Metrics: Lender: Bank of China (Hong Kong) · HIBOR Spread: H + 1.30% · Prime Rate Cap: Preferential P - 2.32% initial 2–3 yrs, auto-converting to H+1.3% (Cap P - 1.75%) · Effective Cap Ceiling: 3.30% p.a. · Bank Cash Rebate: Up to 0.85% · Lock-In Period: 2 years · Deposit-Link Offset: Mortgage-Link account up to 50% of unpaid principal. Eligibility: Maximum 0.85% cash rebate applies from HK$5,000,000 loan size; subject to HKMA LTV & debt-servicing underwriting and 2-year lock-in period with cash rebate clawback..