Tender results of 1-year HONIA-indexed Floating Rate Notes
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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 1-year HONIA-indexed Floating Rate Notes (issue number 01GH2708001) under the Infrastructure Bond Programme was held today (August 12).
A total of HK$1.5 billion 1-year HONIA-indexed Floating Rate Notes were offered today. A total of HK$5.625 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 3.75. The highest spread accepted is 0.26 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 1-year HONIA-indexed Floating Rate Notes:
| Tender Date | : | August 12, 2026 |
| Issue Number | : | 01GH2708001 |
| Stock Code | : | 4207 (HKGB FRN 2708) |
| Issue and Settlement Date | : | August 13, 2026 |
| Tenor | : | 1 year |
| Maturity Date | : | August 13, 2027 |
| Amount Applied | : | HK$5.625 billion |
| Amount Allotted | : | HK$1.5 billion |
| Bid-to-Cover Ratio* | : | 3.75 |
| Highest Spread Accepted | : | 0.26 per cent |
| Average Spread Accepted | : | 0.20 per cent |
| Pro-rata Ratio | : | About 15 per cent |
| Average Tender Spread | : | 0.41 per cent |
* Calculated as the amount of notes applied for over the amount of notes issued.
Ends/Wednesday, August 12, 2026
Issued at HKT 17:00
Issued at HKT 17:00
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