Tender results of the re-opening of 2-year RMB HKSAR Institutional Government Bonds

Press Releases

05 Feb 2026

Tender results of the re-opening of 2-year RMB 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 2-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 02GB2711001) under the Infrastructure Bond Programme was held today (5 February).

A total of RMB1.0 billion 2-year Government Bonds were offered today. A total of RMB13.980 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 13.98. The average price accepted is 100.20, implying an annualised yield of 1.601%.

 

Hong Kong Monetary Authority
5 February 2026

 

HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 2-year RMB HKSAR Institutional Government Bonds:-

Tender Date

:

5 February 2026

Issue Number

:

02GB2711001 (Re-open)

Stock Code

:

85089 (HKGB1.71 2711-R)

Issue and Settlement Date

:

9 February 2026

Tenor

:

2 years

Maturity Date

:

17 November 2027

Coupon Rate

:

1.71%

Amount Applied

:

RMB13.980 billion

Amount Allotted

:

RMB1.0 billion

Bid-to-Cover Ratio*

:

13.98

Average Price Accepted (Yield)

:

100.20 (1.601%1)

Lowest Price Accepted (Yield)

:

100.19 (1.607%1)

Pro-rata Ratio

:

About 84%

Average Tender Price (Yield)

:

100.04 (1.691%1)

* Calculated as the amount of bonds applied for over the amount of bonds issued.

 

Hong Kong Monetary Authority
5 February 2026

 

 


1 Theyields stated above are annualised yields. For reference, the semi-annualised yields corresponding to the average price accepted, lowest price accepted, and average tender price are 1.595%, 1.600%, and 1.684% respectively.

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Last revision date : 05 February 2026