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