Results of 2-year RMB HKSAR Institutional Government Bonds tender through re-opening

Press Releases

14 May 2026

Results of 2-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 2-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 03GB2807001) under the Infrastructure Bond Programme was held today (14 May).

A total of RMB0.75 billion 2-year Government Bonds were offered today. A total of RMB8.185 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 10.91. The average price accepted is 100.31, implying an annualised yield of 1.453%.

 

Hong Kong Monetary Authority
14 May 2026

 

HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 2-year RMB HKSAR Institutional Government Bonds:-

Tender Date : 14 May 2026
Issue Number : 03GB2807001 (Re-open)
Stock Code : 85039 (HKGB1.59 2807-R)
Issue and Settlement Date : 18 May 2026
Tenor : 2 years
Maturity Date : 28 July 2028
Coupon Rate : 1.59%
Amount Applied : RMB8.185 billion
Amount Allotted : RMB0.75 billion
Bid-to-Cover Ratio* : 10.91
Average Price Accepted (Yield) : 100.31 (1.453%1)
Lowest Price Accepted (Yield) : 100.21 (1.498%1)
Pro-rata Ratio : About 23%
Average Tender Price (Yield) : 100.06 (1.569%1)

* Calculated as the amount of bonds applied for over the amount of bonds issued.

 

Hong Kong Monetary Authority
14 May 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 1.448%, 1.492%, and 1.563% respectively.

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Last revision date : 14 May 2026