The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 5-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB3105001) under the Infrastructure Bond Programme was held today (August 13).
      
     A total of RMB1.25 billion 5-year Government Bonds were offered today. A total of RMB4.955 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.96. The average price accepted is 100.71, implying an annualised yield of 1.529 per cent.

HKSAR Institutional Government Bonds Tender Results
 
     Tender results of 5-year RMB HKSAR Institutional Government Bonds:
 

Tender Date	:	August 13, 2026
Issue Number	:	05GB3105001 (Re-open)
Stock Code	:	85122 (HKGB1.68 3105-R)
Issue and Settlement Date	:	August 17, 2026
Tenor	:	5 years
Maturity Date	:	May 19, 2031
Coupon Rate	:	1.68 per cent
Amount Applied	:	RMB4.955 billion
Amount Allotted	:	RMB1.25 billion
Bid-to-Cover Ratio*	:	3.96
Average Price Accepted (Yield)	:	100.71 (1.529 per cent (Note))
Lowest Price Accepted (Yield)	:	100.59 (1.557 per cent (Note))
Pro-rata Ratio	:	About 96 per cent
Average Tender Price (Yield)	:	100.25 (1.632 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 1.524 per cent, 1.551 per cent, and 1.625 per cent respectively.

Ends/Thursday, August 13, 2026
Issued at HKT 17:00

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