The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 5-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB3005002) under the Infrastructure Bond Programme was held today (25 June).
A total of HK$1.25 billion 5-year Government Bonds were offered today. A total of HK$6.855 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 5.48. The average price accepted is 101.37, implying an annualised yield of 2.415%.
Hong Kong Monetary Authority
25 June 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year HKD HKSAR Institutional Government Bonds:-
Tender Date |
: |
25 June 2025 |
---|---|---|
Issue Number |
: |
05GB3005002 (Re-open) |
Stock Code |
: |
4293 (HKGB 2.70 3005) |
Issue and Settlement Date |
: |
26 June 2025 |
Tenor |
: |
5 years |
Maturity Date |
: |
15 May 2030 |
Coupon Rate |
: |
2.70% |
Amount Applied |
: |
HK$6.855 billion |
Amount Allotted |
: |
HK$1.25 billion |
Bid-to-Cover Ratio* |
: |
5.48 |
Average Price Accepted (Yield) |
: |
101.37 (2.415%) |
Lowest Price Accepted (Yield) |
: |
101.21 (2.450%) |
Pro-rata Ratio |
: |
About 15% |
Average Tender Price (Yield) |
: |
100.78 (2.544%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
25 June 2025