Results of 1-year RMB 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 1-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 02GB2705001) under the Infrastructure Bond Programme was held today (23 July).
A total of RMB0.75 billion 1-year Government Bonds were offered today. A total of RMB6.628 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 8.84. The average price accepted is 100.34, implying an annualised yield of 1.286%.
Hong Kong Monetary Authority
23 July 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 1-year RMB HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
23 July 2026 |
|
Issue Number |
: |
02GB2705001 (Re-open) |
|
Stock Code |
: |
85010 (HKGB1.71 2705-R) |
|
Issue and Settlement Date |
: |
27 July 2026 |
|
Tenor |
: |
1 year |
|
Maturity Date |
: |
17 May 2027 |
|
Coupon Rate |
: |
1.71% |
|
Amount Applied |
: |
RMB6.628 billion |
|
Amount Allotted |
: |
RMB0.75 billion |
|
Bid-to-Cover Ratio* |
: |
8.84 |
|
Average Price Accepted (Yield) |
: |
100.34 (1.286%1) |
|
Lowest Price Accepted (Yield) |
: |
100.34 (1.288%1) |
|
Pro-rata Ratio |
: |
About 61% |
|
Average Tender Price (Yield) |
: |
100.26 (1.387%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
23 July 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 1.282%, 1.284%, and 1.382% respectively.