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 (July 23).
A total of RMB1.25 billion 10-year Government Bonds were offered today. A total of RMB10.810 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 8.65. The average price accepted is 104.42, implying an annualised yield of 1.754 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 10-year RMB HKSAR Institutional Government Bonds:
| Tender Date | : | July 23, 2026 | |
| Issue Number | : | 10GB3505001 (Re-open) | |
| Stock Code | : |
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| Issue and Settlement Date | : | July 27, 2026 | |
| Tenor | : | 10 years | |
| Maturity Date | : | May 15, 2035 | |
| Coupon Rate | : | 2.29 per cent | |
| Amount Applied | : | RMB10.810 billion | |
| Amount Allotted | : | RMB1.25 billion | |
| Bid-to-Cover Ratio* | : | 8.65 | |
| Average Price Accepted (Yield) | : | 104.42 (1.754 per cent (Note)) | |
| Lowest Price Accepted (Yield) | : | 104.14 (1.787 per cent (Note)) | |
| Pro-rata Ratio | : | About 81 per cent | |
| Average Tender Price (Yield) | : | 103.49 (1.867 per cent (Note)) |


