Hong Kong is giving residents another chance to take part in the city’s development by raising HK$20 billion (US$2.7 billion) from its second batch of retail infrastructure bonds.

Three-year bonds will pay interest semi-annually based on the average rate of the consumer price index for that period, with a minimum guaranteed payment of 3.5 percent, according to a government statement on Friday.

“The retail infrastructure bond will provide citizens with a safe and reliable investment option with stable returns, as well as a ‘sense of participation’ and ‘sense of gain’ that support infrastructure projects for Hong Kong’s long-term development,” the Financial Secretary said. Paul Chan Mo-po said in the statement.

“This issuance will also further promote the development of the retail bond market and financial inclusion.”

Hong Kong identity card holders will be able to subscribe for a minimum of HK$10,000 and its increments at banks, securities brokers and the Hong Kong Securities Clearing Corporation from 09:00 on November 26 to 14:00 on December 6. It was listed on the Hong Kong stock exchange on December 17 and the next day.

Depending on the response, the government may increase the size of the bond to a maximum of HK$25 billion.