Contact Us
繁 简
Search Print
Font Size
A A A
FacebookInstagramLinkedinXiaohongshuWechatXYoutube
Select Category
Show All Options
Modification Time
Done
Done
Done
a
Done
News and Media
Press ReleasesScam AlertPhoto Gallery
SpeechesR & M ColumnVideos
inSightForthcoming Events
Smart Consumers
Overview
e-Banking
Personal Digital KeysInternet BankingATMs
Payment and Transfer
Faster Payment System (FPS)e-CNYe-Payment and Transfere-Wallets and Prepaid CardsCredit CardsPersonal cross-boundary remittance
between Hong Kong and the Chinese MainlandPayment Connect
Loans
Personal CreditMortgagesPremium Financing
General Banking Services
Account Opening and MaintenanceAutopay ServicesInvestment ServicesDeposits
Beware of Fraudsters!
Money Safe
Don’t Lend/Sell Your Account
Notes and Coins
2018 Series Hong Kong BanknotesCoin Cart Schedule
Retirement Planning
Practical Information
Barrier-free Bank Branches and ATMsHotlines of Banks, Stored Value Facility Licensees & Licensed Stablecoin IssuersComplaints about Banks, Stored Value Facility Licensees & Licensed Stablecoin IssuersRegisters and ListsPublic Education VideosPublic Education EventsFAQs
Information in Other Languages
Data, Publications and Research
Data & Statistics
Daily Monetary StatisticsMonthly Statistical BulletinEconomic & Financial Data for Hong KongCMU Bond Price Bulletin
Legislative Council Issues
Publications
Annual ReportSustainability ReportHalf-Yearly Monetary & Financial Stability ReportBulletin
Guide to Hong Kong Monetary, Banking and Financial Terms
Research
Research MemorandumsExternal PublicationsHong Kong Institute for Monetary and Financial ResearchOther Research Papers
HKMA's Open Application Programming Interface (API)
Regulatory Resources
Registers and Lists
Register of AIs & LROsRegister of Securities Staff of AIsRegister of SVF LicenseesList of AI-related TrusteesRegister of Licensees under the Stablecoins Ordinance (Cap. 656)
Authorization, Licensing, Designation and Approval
Regulatory Documents
Banking Regulatory Document RepositoryStablecoin IssuersStored Value Facilities and Retail Payment Systems
Key Functions
Money
Linked Exchange Rate SystemLiquidity FacilitiesHong Kong Currency
Exchange Fund – Reserves Management
HistoryExchange Fund’s Statutory Purposes and Investment ObjectivesInvestment ManagementInvestment PerformanceRisk ManagementResponsible InvestmentExchange Fund Statistics and Publications
Banking
Banking Regulatory and Supervisory RegimeBanking Legislation, Policies and Standards ImplementationBanking Conduct and EnforcementAnti-Money Laundering and Counter-Financing of TerrorismResolution RegimeSmart BankingFintech Knowledge HubGreen and Sustainable Banking Events
International Financial Centre
Hong Kong as an International Financial CentreFintechBond Market DevelopmentFinancial Market InfrastructureStored Value Facilities and Retail Payment SystemsRegulatory Regime for Stablecoin IssuersSoft InfrastructureInternational & Regional Financial Co-operationGreen and Sustainable FinanceHKMA Infrastructure Financing Facilitation OfficeCross-boundary Wealth Management Connect Scheme in the Guangdong-Hong Kong-Macao Greater Bay AreaGlobal Financial Leaders’ Investment SummitHKMA – BIS High-Level Conference
About Us
The HKMA
Governance StructureAdvisory CommitteesThe Chief Executive’s CommitteeOrganisation ChartInternal AuditSustainable HKMA
Tender Invitations
The HKMA Information Centre
Exhibition AreaLibrarySouvenirs
Related Organisations and Links
HKMA-related Organisations and LinksHKSAR Government & Related OrganisationsCentral BanksMultilateral OrganisationsOthers
Join Us
Why the HKMA?What We Do?Current VacanciesOpportunities for Students and Graduates to Join the HKMA
News and Media
Smart Consumers
Data, Publications and Research
Regulatory Resources
Key Functions
About Us

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

Press Releases

12 Nov 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 (12 November).

A total of RMB0.75 billion 3-year Government Bonds were offered today. A total of RMB5.530 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 7.37. The average price accepted is 102.80, implying an annualised yield of 1.437%.

 

Hong Kong Monetary Authority
12 November 2026

 

HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 3-year RMB HKSAR Institutional Government Bonds:-

Tender Date : 12 November 2026
Issue Number : 05GB2912002 (Re-open)
Stock Code : 84596 (HKGB2.37 2912-R)
Issue and Settlement Date : 16 November 2026
Tenor : 3 years
Maturity Date : 10 December 2029
Coupon Rate : 2.37%
Amount Applied : RMB5.530 billion
Amount Allotted : RMB0.75 billion
Bid-to-Cover Ratio* : 7.37
Average Price Accepted (Yield) : 102.80 (1.437%1)
Lowest Price Accepted (Yield) : 102.75 (1.454%1)
Pro-rata Ratio : About 34%
Average Tender Price (Yield) : 102.51 (1.533%1)

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

 

Hong Kong Monetary Authority
12 November 2026

 

 

1 The yields 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 1.432%, 1.449%, and 1.528% respectively.

Latest Press Releases
View All View All
Last revision date : 12 November 2026