Results of 5-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 5-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB3105001) under the Infrastructure Bond Programme was held today (13 August).

A total of RMB1.25 billion 5-year Government Bonds were offered today. A total of RMB4.955 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.96. The average price accepted is 100.71, implying an annualised yield of 1.529%.


Hong Kong Monetary Authority
13 August 2026


HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 5-year RMB HKSAR Institutional Government Bonds:-

Tender Date

:

13 August 2026

Issue Number

:

05GB3105001 (Re-open)

Stock Code

:

85122 (HKGB1.68 3105-R)

Issue and Settlement Date

:

17 August 2026

Tenor

:

5 years

Maturity Date

:

19 May 2031

Coupon Rate

:

1.68%

Amount Applied

:

RMB4.955 billion

Amount Allotted

:

RMB1.25 billion

Bid-to-Cover Ratio*

:

3.96

Average Price Accepted (Yield)

:

100.71 (1.529%1)

Lowest Price Accepted (Yield)

:

100.59 (1.557%1)

Pro-rata Ratio

:

About 96%

Average Tender Price (Yield)

:

100.25 (1.632%1)

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

Hong Kong Monetary Authority
13 August 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 1.524%, 1.551%, and 1.625% respectively.