Tender results of 10-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 for 10-year HKD institutional Government Bonds (issue number 10GB3507001) under the Infrastructure Bond Programme was held today (July 23).
A total of HK$2.0 billion 10-year Government Bonds were offered today. A total of HK$10.545 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 5.27. The average price accepted is 100.43, implying an annualised yield of 3.144 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 10-year HKD HKSAR Institutional Government Bonds:
| Tender Date | : | July 23, 2025 |
| Issue Number | : | 10GB3507001 |
| Stock Code | : | 4294 (HKGB 3.17 3507) |
| Issue and Settlement Date | : | July 24, 2025 |
| Tenor | : | 10 years |
| Maturity Date | : | 24 July 2035 |
| Coupon Rate | : | 3.17 per cent |
| Amount Applied | : | HK$10.545 billion |
| Amount Allotted | : | HK$2.0 billion |
| Bid-to-Cover Ratio* | : | 5.27 |
| Average Price Accepted (Yield) | : | 100.43 (3.144 per cent) |
| Lowest Price Accepted (Yield) | : | 100.21 (3.170 per cent) |
| Pro-rata Ratio | : | About 95 per cent |
| Average Tender Price (Yield) | : | 99.13 (3.299 per cent) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, July 23, 2025
Issued at HKT 17:10
Issued at HKT 17:10
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