The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 10-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 10GB3507001) under the Infrastructure Bond Programme was held today (14 January).
A total of HK$1.0 billion 10-year Government Bonds were offered today. A total of HK$6.024 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.02. The average price accepted is 100.04, implying an annualised yield of 3.190%.
Hong Kong Monetary Authority
14 January 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 10-year HKD HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
14 January 2026 |
|---|---|---|
|
Issue Number |
: |
10GB3507001 (Re-open) |
|
Stock Code |
: |
4294 (HKGB 3.17 3507) |
|
Issue and Settlement Date |
: |
15 January 2026 |
|
Tenor |
: |
10 years |
|
Maturity Date |
: |
24 July 2035 |
|
Coupon Rate |
: |
3.17% |
|
Amount Applied |
: |
HK$6.024 billion |
|
Amount Allotted |
: |
HK$1.0 billion |
|
Bid-to-Cover Ratio* |
: |
6.02 |
|
Average Price Accepted (Yield) |
: |
100.04 (3.190%) |
|
Lowest Price Accepted (Yield) |
: |
99.88 (3.210%) |
|
Pro-rata Ratio |
: |
About 57% |
|
Average Tender Price (Yield) |
: |
99.20 (3.295%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
14 January 2026