Contact Us
繁 简
Search Print
Font Size
A A A
FacebookInstagramLinkedinXiaohongshuWechatXYoutube
Select Category
Show All Options
Modification Time
Done
Done
Done
a
Done
News and Media
Press ReleasesR & M ColumnVideos
SpeechesForthcoming Events
inSightPhoto Gallery
Smart Consumers
Overview
e-Banking
Personal Digital KeysInternet BankingATMs
Payment and Transfer
Faster Payment System (FPS)e-CNYe-Payment and Transfere-Wallets and Prepaid CardsCredit CardsPersonal cross-boundary remittance
between Hong Kong and the Chinese MainlandPayment Connect
Loans
Personal CreditMortgagesPremium Financing
General Banking Services
Account Opening and MaintenanceAutopay ServicesInvestment ServicesDeposits
Beware of Fraudsters!
Money Safe
Don't Lend/Sell Your Account
Notes and Coins
2018 Series Hong Kong BanknotesCoin Cart Schedule
Retirement Planning
Practical Information
Barrier-free Bank Branches and ATMsHotlines of Banks & Stored Value Facility LicenseesComplaints about Banks & Stored Value Facility LicenseesRegisters and ListsPublic Education VideosPublic Education EventsFAQs
Information in Other Languages
Data, Publications and Research
Data & Statistics
Daily Monetary StatisticsMonthly Statistical BulletinEconomic & Financial Data for Hong KongCMU Bond Price Bulletin
Legislative Council Issues
Publications
Annual ReportSustainability ReportHalf-Yearly Monetary & Financial Stability ReportQuarterly Bulletin
Guide to Hong Kong Monetary, Banking and Financial Terms
Research
Research MemorandumsExternal PublicationsHong Kong Institute for Monetary and Financial ResearchOther Research Papers
HKMA's Open Application Programming Interface (API)
Regulatory Resources
Registers and Lists
Register of AIs & LROsRegister of Securities Staff of AIsRegister of SVF LicenseesList of AI-related TrusteesRegister of Licensed Stablecoin Issuers
Authorization, Licensing, Designation and Approval
Regulatory Documents
Banking Regulatory Document RepositoryStablecoin IssuersStored Value Facilities and Retail Payment Systems
Key Functions
Money
Linked Exchange Rate SystemLiquidity FacilitiesHong Kong Currency
Reserves Management
HistoryExchange Fund's Statutory Purposes and Investment ObjectivesInvestment ManagementInvestment PerformanceRisk ManagementResponsible InvestmentExchange Fund Statistics and Publications
Banking
Banking Regulatory and Supervisory RegimeBanking Legislation, Policies and Standards ImplementationBanking Conduct and EnforcementAnti-Money Laundering and Counter-Financing of TerrorismResolution RegimeSmart BankingFintech Knowledge HubGreen and Sustainable Banking Conference
International Financial Centre
Hong Kong as an International Financial CentreFintechBond Market DevelopmentFinancial Market InfrastructureStored Value Facilities and Retail Payment SystemsRegulatory Regime for Stablecoin IssuersSoft InfrastructureInternational & Regional Financial Co-operationGreen and Sustainable FinanceHKMA Infrastructure Financing Facilitation OfficeCross-boundary Wealth Management Connect Scheme in the Guangdong-Hong Kong-Macao Greater Bay AreaGlobal Financial Leaders' Investment SummitHKMA – BIS High-Level Conference
About Us
The HKMA
Governance StructureAdvisory CommitteesThe Chief Executive's CommitteeOrganisation ChartInternal AuditSustainable HKMA
Tender Invitations
The HKMA Information Centre
Exhibition AreaLibraryGeneral InformationGuided ToursSouvenirs
Related Organisations and Links
HKMA-related Organisations and LinksHKSAR Government & Related OrganisationsCentral BanksMultilateral OrganisationsOthers
Join Us
Why the HKMA?What We Do?Current VacanciesOpportunities for Students and Graduates to Join the HKMA
News and Media
Smart Consumers
Data, Publications and Research
Regulatory Resources
Key Functions
About Us

Tender results of the re-opening of 3-year HKD HKSAR Institutional Government Bonds

Press Releases

04 Mar 2026

Tender results of the re-opening of 3-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 3-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 03GB2804001) under the Infrastructure Bond Programme was held today (4 March).

A total of HK$2.5 billion 3-year Government Bonds were offered today. A total of HK$10.935 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.37. The average price accepted is 101.22, implying an annualised yield of 2.186%.

 

Hong Kong Monetary Authority
4 March 2026

 

HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 3-year HKD HKSAR Institutional Government Bonds:-

Tender Date

:

4 March 2026

Issue Number

:

03GB2804001 (Re-open)

Stock Code

:

4291 (HKGB 2.76 2804)

Issue and Settlement Date

:

5 March 2026

Tenor

:

3 years

Maturity Date

:

25 April 2028

Coupon Rate

:

2.76%

Amount Applied

:

HK$10.935 billion

Amount Allotted

:

HK$2.5 billion

Bid-to-Cover Ratio*

:

4.37

Average Price Accepted (Yield)

:

101.22 (2.186%)

Lowest Price Accepted (Yield)

:

101.08 (2.252%)

Pro-rata Ratio

:

About 19%

Average Tender Price (Yield)

:

100.94 (2.321%)

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

 

Hong Kong Monetary Authority
4 March 2026

Latest Press Releases
View All View All
Last revision date : 04 March 2026