The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 5-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB3005001) under the Infrastructure Bond Programme was held today (5 March).
A total of RMB1.25 billion 5-year Government Bonds were offered today. A total of RMB10.880 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 8.70. The average price accepted is 101.27, implying an annualised yield of 1.661%.
Hong Kong Monetary Authority
5 March 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year RMB HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
5 March 2026 |
|---|---|---|
|
Issue Number |
: |
05GB3005001 (Re-open) |
|
Stock Code |
: |
85023 (HKGB1.97 3005-R) |
|
Issue and Settlement Date |
: |
9 March 2026 |
|
Tenor |
: |
5 years |
|
Maturity Date |
: |
15 May 2030 |
|
Coupon Rate |
: |
1.97% |
|
Amount Applied |
: |
RMB10.880 billion |
|
Amount Allotted |
: |
RMB1.25 billion |
|
Bid-to-Cover Ratio* |
: |
8.70 |
|
Average Price Accepted (Yield) |
: |
101.27 (1.661%1) |
|
Lowest Price Accepted (Yield) |
: |
101.17 (1.686%1) |
|
Pro-rata Ratio |
: |
About 30% |
|
Average Tender Price (Yield) |
: |
100.91 (1.751%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
5 March 2026