Results of 7-year HKD HKSAR Institutional Government Bonds tender through re-opening

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 of 7-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 07GB3302001) under the Infrastructure Bond Programme was held today (22 July).

A total of HK$1.0 billion 7-year Government Bonds were offered today. A total of HK$4.905 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.91. The average price accepted is 97.90, implying an annualised yield of 3.296%.


Hong Kong Monetary Authority
22 July 2026


HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 7-year HKD HKSAR Institutional Government Bonds:-

Tender Date

:

22 July 2026

Issue Number

:

07GB3302001 (Re-open)

Stock Code

:

4201 (HKGB 2.91 3302)

Issue and Settlement Date

:

23 July 2026

Tenor

:

7 years

Maturity Date

:

7 February 2033

Coupon Rate

:

2.91%

Amount Applied

:

HK$4.905 billion

Amount Allotted

:

HK$1.0 billion

Bid-to-Cover Ratio*

:

4.91

Average Price Accepted (Yield)

:

97.90 (3.296%)

Lowest Price Accepted (Yield)

:

97.70 (3.331%)

Pro-rata Ratio

:

About 1%

Average Tender Price (Yield)

:

97.24 (3.413%)

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

Hong Kong Monetary Authority
22 July 2026