Tender results of 7-year RMB 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 7-year RMB institutional Government Bonds (issue number 07GB3306001) under the Infrastructure Bond Programme was held today (June 25).
A total of RMB1.25 billion 7-year Government Bonds were offered today. A total of RMB10.593 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 8.47. The average price accepted is 100.30, implying an annualised yield of 1.742 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 7-year RMB HKSAR Institutional Government Bonds:
| Tender Date | : | June 25, 2026 |
| Issue Number | : | 07GB3306001 |
| Stock Code | : | 85138 (HKGB1.78 3306-R) |
| Issue and Settlement Date | : | June 29, 2026 |
| Tenor | : | 7 years |
| Maturity Date | : | June 29, 2033 |
| Coupon Rate | : | 1.78 per cent |
| Amount Applied | : | RMB10.593 billion |
| Amount Allotted | : | RMB1.25 billion |
| Bid-to-Cover Ratio* | : | 8.47 |
| Average Price Accepted (Yield) | : | 100.30 (1.742 per cent (Note)) |
| Lowest Price Accepted (Yield) | : | 100.20 (1.757 per cent (Note)) |
| Pro-rata Ratio | : | About 23 per cent |
| Average Tender Price (Yield) | : | 99.72 (1.831 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 1.734 per cent, 1.750 per cent, and 1.823 per cent respectively.
Ends/Thursday, June 25, 2026
Issued at HKT 17:00
Issued at HKT 17:00
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