The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 7-year RMB institutional Government Bonds (issue number 07GB3306001) under the Infrastructure Bond Programme was held today (25 June).
A total of RMB1.25 billion 7-year Government Bonds were offered today. A total of RMB10.593 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 8.47. The average price accepted is 100.30, implying an annualised yield of 1.742%.
Hong Kong Monetary Authority
25 June 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 7-year RMB HKSAR Institutional Government Bonds:-
| Tender Date | : | 25 June 2026 |
|---|---|---|
| Issue Number | : | 07GB3306001 |
| Stock Code | : | 85138 (HKGB1.78 3306-R) |
| Issue and Settlement Date | : | 29 June 2026 |
| Tenor | : | 7 years |
| Maturity Date | : | 29 June 2033 |
| Coupon Rate | : | 1.78% |
| Amount Applied | : | RMB10.593 billion |
| Amount Allotted | : | RMB1.25 billion |
| Bid-to-Cover Ratio* | : | 8.47 |
| Average Price Accepted (Yield) | : | 100.30 (1.742%1) |
| Lowest Price Accepted (Yield) | : | 100.20 (1.757%1) |
| Pro-rata Ratio | : | About 23% |
| Average Tender Price (Yield) | : | 99.72 (1.831%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued
Hong Kong Monetary Authority
25 June 2026