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 05GB2912001) under the Infrastructure Bond Programme was held today (22 April).
A total of HK$0.75 billion 3-year Government Bonds were offered today. A total of HK$4.592 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.12. The average price accepted is 103.15, implying an annualised yield of 2.331%.
Hong Kong Monetary Authority
22 April 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 3-year HKD HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
22 April 2026 |
|---|---|---|
|
Issue Number |
: |
05GB2912001 (Re-open) |
|
Stock Code |
: |
4284 (HKGB 3.23 2912) |
|
Issue and Settlement Date |
: |
23 April 2026 |
|
Tenor |
: |
3 years |
|
Maturity Date |
: |
5 December 2029 |
|
Coupon Rate |
: |
3.23% |
|
Amount Applied |
: |
HK$4.592 billion |
|
Amount Allotted |
: |
HK$0.75 billion |
|
Bid-to-Cover Ratio* |
: |
6.12 |
|
Average Price Accepted (Yield) |
: |
103.15 (2.331%) |
|
Lowest Price Accepted (Yield) |
: |
102.94 (2.391%) |
|
Pro-rata Ratio |
: |
About 1% |
|
Average Tender Price (Yield) |
: |
102.40 (2.549%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
22 April 2026