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Exchange Fund Notes Tender Results

Press Releases

20 Feb 2026

Exchange Fund Notes Tender Results

Tender date

:

20 February 2026

Paper on offer

:

EF Notes

Issue number

:

02Y2802

Issue date

:

23 February 2026

Maturity date

:

23 February 2028

Coupon

:

2.23% p.a.

Competitive Tender Result

Amount applied

:

HK$7,040 MN

Amount allotted

:

HK$1,200 MN

Average price accepted (yield)

:

100.28 (2.10 PCT)

Lowest price accepted (yield)

:

100.28 (2.10 PCT)

Pro rata ratio*

:

About 40 PCT

Average tender price (yield)

:

100.14 (2.17 PCT)

Non-competitive Tender Results (for applications submitted through Hong Kong Securities Clearing Company Limited)

Amount applied

:

NIL

Amount allotted

:

NIL

Allotment Price (yield)

:

NIL

Pro rata ratio*

:

NIL

* “Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “lowest price accepted” level.

 

End/Friday, 20 February 2026

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Last revision date : 20 February 2026