Results of 10-year RMB HKSAR Institutional Government Bonds tender through re-opening
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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 10-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 10GB3505001) under the Infrastructure Bond Programme was held today (April 23).
A total of RMB1.5 billion 10-year Government Bonds were offered today. A total of RMB10.235 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.82. The average price accepted is 103.24, implying an annualised yield of 1.908 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 10-year RMB HKSAR Institutional Government Bonds:
| Tender Date | : | April 23, 2026 |
| Issue Number | : | 10GB3505001 (Re-open) |
| Stock Code | : | 85024 (HKGB2.29 3505-R) |
| Issue and Settlement Date | : | April 27, 2026 |
| Tenor | : | 10 years |
| Maturity Date | : | May 15, 2035 |
| Coupon Rate | : | 2.29 per cent |
| Amount Applied | : | RMB10.235 billion |
| Amount Allotted | : | RMB1.5 billion |
| Bid-to-Cover Ratio* | : | 6.82 |
| Average Price Accepted (Yield) | : | 103.24 (1.908 per cent(Note) ) |
| Lowest Price Accepted (Yield) | : | 103.23 (1.909 per cent(Note) ) |
| Pro-rata Ratio | : | About 40 per cent |
| Average Tender Price (Yield) | : | 102.67 (1.977 per cent(Note) ) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Note: 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 1.899 per cent, 1.900 per cent and 1.967 per cent respectively.
Ends/Thursday, April 23, 2026
Issued at HKT 16:45
Issued at HKT 16:45
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