Debenture prices for Hong Kong international schools tumble

Prices of debentures issued by international schools in Hong Kong have plummeted by as much as 40 per cent from their peaks, with consultants attributing the drop to the city’s closed borders and a wave of emigration.The consultants, who specialise in selling school debentures to parents seeking to increase their children’s chances of enrolment, said prices were expected to pick up when the border reopened.Debentures are technically a type of loan – sometimes refundable, sometimes not – paid to…

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