Tender results of 5-year RMB HKSAR Institutional Government Bonds
The following is issued by the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 5-year RMB institutional Government Bonds (issue number 05GB3105001) under the Infrastructure Bond Programme was held today (14 May).
A total of RMB1.25 billion 5-year Government Bonds were offered today. A total of RMB8.775 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 7.02. The average price accepted is 100.24, implying an annualised yield of 1.637%.
Hong Kong Monetary Authority
14 May 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year RMB HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
14 May 2026 |
|
Issue Number |
: |
05GB3105001 |
|
Stock Code |
: |
85122 (HKGB1.68 3105-R) |
|
Issue and Settlement Date |
: |
18 May 2026 |
|
Tenor |
: |
5 year |
|
Maturity Date |
: |
19 May 2031 |
|
Coupon Rate |
: |
1.68% |
|
Amount Applied |
: |
RMB8.775 billion |
|
Amount Allotted |
: |
RMB1.25 billion |
|
Bid-to-Cover Ratio* |
: |
7.02 |
|
Average Price Accepted (Yield) |
: |
100.24 (1.637%1) |
|
Lowest Price Accepted (Yield) |
: |
100.20 (1.645%1) |
|
Pro-rata Ratio |
: |
About 74% |
|
Average Tender Price (Yield) |
: |
99.81 (1.727%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
14 May 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 1.631%, 1.638%, and 1.720% respectively.