Tender results of the re-opening of 10-year HKD HKSAR Institutional Government Bonds

Press Releases

14 Jan 2026

Tender results of the re-opening of 10-year HKD HKSAR Institutional Government Bonds

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

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Last revision date : 14 January 2026