The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 5-year RMB institutional Government Bonds (issue number 05GB3005001) under the Infrastructure Bond Programme was held today (13 May).
A total of RMB1.5 billion 5-year Government Bonds were offered today. A total of RMB10.753 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 7.17. The average price accepted is 101.46, implying an annualised yield of 1.672%.
Hong Kong Monetary Authority
13 May 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year RMB HKSAR Institutional Government Bonds:-
Tender Date |
: |
13 May 2025 |
---|---|---|
Issue Number |
: |
05GB3005001 |
Stock Code |
: |
85023 (HKGB1.97 3005-R) |
Issue and Settlement Date |
: |
15 May 2025 |
Tenor |
: |
5 years |
Maturity Date |
: |
15 May 2030 |
Coupon Rate |
: |
1.97% |
Amount Applied |
: |
RMB10.753 billion |
Amount Allotted |
: |
RMB1.5 billion |
Bid-to-Cover Ratio* |
: |
7.17 |
Average Price Accepted (Yield) |
: |
101.46 (1.672%1) |
Lowest Price Accepted (Yield) |
: |
100.98 (1.772%1) |
Pro-rata Ratio |
: |
About 100% |
Average Tender Price (Yield) |
: |
100.23 (1.930%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
13 May 2025