Results of 2-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 2-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 03GB2807001) under the Infrastructure Bond Programme was held today (13 August).
A total of RMB0.75 billion 2-year Government Bonds were offered today. A total of RMB5.350 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 7.13. The average price accepted is 100.34, implying an annualised yield of 1.418%.
Hong Kong Monetary Authority
13 August 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 2-year RMB HKSAR Institutional Government Bonds:-
|
Tender Date |
: |
13 August 2026 |
|
Issue Number |
: |
03GB2807001 (Re-open) |
|
Stock Code |
: |
85039 (HKGB1.59 2807-R) |
|
Issue and Settlement Date |
: |
17 August 2026 |
|
Tenor |
: |
2 years |
|
Maturity Date |
: |
28 July 2028 |
|
Coupon Rate |
: |
1.59% |
|
Amount Applied |
: |
RMB5.350 billion |
|
Amount Allotted |
: |
RMB0.75 billion |
|
Bid-to-Cover Ratio* |
: |
7.13 |
|
Average Price Accepted (Yield) |
: |
100.34 (1.418%1) |
|
Lowest Price Accepted (Yield) |
: |
100.31 (1.433%1) |
|
Pro-rata Ratio |
: |
About 23% |
|
Average Tender Price (Yield) |
: |
100.17 (1.506%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 1.413%, 1.428%, and 1.500% respectively.