The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 10-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 10GB3505001) under the Infrastructure Bond Programme was held today (23 April).
A total of RMB1.5 billion 10-year Government Bonds were offered today. A total of RMB10.235 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.82. The average price accepted is 103.24, implying an annualised yield of 1.908%.
Hong Kong Monetary Authority
23 April 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 10-year RMB HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
23 April 2026 |
|---|---|---|
|
Issue Number |
: |
10GB3505001 (Re-open) |
|
Stock Code |
: |
85024 (HKGB2.29 3505-R) |
|
Issue and Settlement Date |
: |
27 April 2026 |
|
Tenor |
: |
10 years |
|
Maturity Date |
: |
15 May 2035 |
|
Coupon Rate |
: |
2.29% |
|
Amount Applied |
: |
RMB10.235 billion |
|
Amount Allotted |
: |
RMB1.5 billion |
|
Bid-to-Cover Ratio* |
: |
6.82 |
|
Average Price Accepted (Yield) |
: |
103.24 (1.908%1) |
|
Lowest Price Accepted (Yield) |
: |
103.23 (1.909%1) |
|
Pro-rata Ratio |
: |
About 40% |
|
Average Tender Price (Yield) |
: |
102.67 (1.977%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
23 April 2026