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 RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB2912002) under the Infrastructure Bond Programme was held today (23 April).
A total of RMB1.0 billion 3-year Government Bonds were offered today. A total of RMB11.374 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 11.37. The average price accepted is 102.85, implying an annualised yield of 1.563%.
Hong Kong Monetary Authority
23 April 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 3-year RMB HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
23 April 2026 |
|---|---|---|
|
Issue Number |
: |
05GB2912002 (Re-open) |
|
Stock Code |
: |
84596 (HKGB2.37 2912-R) |
|
Issue and Settlement Date |
: |
27 April 2026 |
|
Tenor |
: |
3 years |
|
Maturity Date |
: |
10 December 2029 |
|
Coupon Rate |
: |
2.37% |
|
Amount Applied |
: |
RMB11.374 billion |
|
Amount Allotted |
: |
RMB1.0 billion |
|
Bid-to-Cover Ratio* |
: |
11.37 |
|
Average Price Accepted (Yield) |
: |
102.85 (1.563%1) |
|
Lowest Price Accepted (Yield) |
: |
102.77 (1.586%1) |
|
Pro-rata Ratio |
: |
About 100% |
|
Average Tender Price (Yield) |
: |
102.54 (1.651%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
23 April 2026