Tender results of 7-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 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


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 1.734%, 1.750%, and 1.823% respectively.