Tender results of re-opening of 3-year HKD HKSAR Institutional Government Bonds
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The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 3-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 03GB2804001) under the Infrastructure Bond Programme was held today (June 25).
A total of HK$1.25 billion 3-year Government Bonds were offered today. A total of HK$5.280 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.22. The average price accepted is 102.19, implying an annualised yield of 1.969 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 3-year HKD HKSAR Institutional Government Bonds:
| Tender Date | : | June 25, 2025 |
| Issue Number | : | 03GB2804001 (Re-open) |
| Stock Code | : | 4291 (HKGB 2.76 2804) |
| Issue and Settlement Date | : | June 26, 2025 |
| Tenor | : | 3 years |
| Maturity Date | : | April 25, 2028 |
| Coupon Rate | : | 2.76 per cent |
| Amount Applied | : | HK$5.280 billion |
| Amount Allotted | : | HK$1.25 billion |
| Bid-to-Cover Ratio* | : | 4.22 |
| Average Price Accepted (Yield) | : | 102.19 (1.969 per cent) |
| Lowest Price Accepted (Yield) | : | 102.08 (2.010 per cent) |
| Pro-rata Ratio | : | About 64 per cent |
| Average Tender Price (Yield) | : | 101.59 (2.190 per cent) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, June 25, 2025
Issued at HKT 16:53
Issued at HKT 16:53
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