Results of 3-year RMB HKSAR Institutional Government Bonds tender through re-opening

Press Releases

23 Apr 2026

Results of 3-year RMB HKSAR Institutional Government Bonds tender through re-opening

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

 

 


1 Theyields stated above are annualised yields. For reference, the semi-annualised yields corresponding to the average price accepted, lowest price accepted, and average tender price are 1.557%, 1.580%, and 1.644% respectively.

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Last revision date : 23 April 2026