iBond (Chinese: 通脹掛鈎債券; SEHK: 4208) is a Hong Kong dollar retail inflation-indexed bonds issued by the Hong Kong Government. It was announced in 2011–2012 government budget of Hong Kong by John Tsang, the fourth Financial Secretary since the Hong Kong handover.
The rate for each interest payment will be determined by the year-on-year inflation rate of Hong Kong, which according to the Hong Kong Composite Consumer Price Index, with the lower limit of 1% return. The bonds are excepted to be approve by the Hong Kong Stock Exchange to listing on 29 July 2011. The offered issue amount is HK$10,000,000,000.