URA

132 (expressed in Hong Kong Dollars) NOTES TO THE FINANCIAL STATEMENTS 18. Debt securities issued As at 31 March 2018, the Group has issued the following fixed rate notes under a Medium Term Note programme. 2018 2017 $’000 $’000 Non-current portion  HK dollar Fixed rate notes with coupon of 1.75% due 2019 500,000 500,000  HK dollar Fixed rate notes with coupon of 1.64% due 2020 300,000 300,000  HK dollar Fixed rate notes with coupon of 1.65% due 2020 500,000 500,000  HK dollar Fixed rate notes with coupon of 2.92% due 2021 400,000 400,000  HK dollar Fixed rate notes with coupon of 2.18% due 2023 300,000 300,000  HK dollar Fixed rate notes with coupon of 2.15% due 2023 300,000 300,000  HK dollar Fixed rate notes with coupon of 3.85% due 2026 500,000 500,000  Less: Unamortised debt securities issuing costs (9,294) (11,925) 2,790,706 2,788,075 Current portion  HK dollar Fixed rate notes with coupon of 1.50% due 2017 – 500,000  Less: Unamortised debt securities issuing costs – (126) – 499,874 19. Provision for a committed project 2018 2017 $’000 $’000 Balance at 1 April 35,000 – Reversed during the year (35,000) – Charged to profit or loss – 35,000 Balance at 31 March – 35,000 The amount represents the provision for committed projects where acquisition was commenced before financial year end. The provision charged is recognised in profit or loss.