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 01GH2711001) under the Infrastructure Bond Programme was held today (November 11).
A total of HK$1.5 billion 1-year HONIA-indexed Floating Rate Notes were offered today. A total of HK$5.155 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 3.44. The highest spread accepted is 0.38 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 1-year HONIA-indexed Floating Rate Notes:
| Tender Date | : | November 11, 2026 |
| Issue Number | : | 01GH2711001 |
| Stock Code | : | 4212 (HKGB FRN 2711) |
| Issue and Settlement Date | : | November 12, 2026 |
| Tenor | : | 1 year |
| Maturity Date | : | November 12, 2027 |
| Amount Applied | : | HK$5.155 billion |
| Amount Allotted | : | HK$1.5 billion |
| Bid-to-Cover Ratio* | : | 3.44 |
| Highest Spread Accepted | : | 0.38 per cent |
| Average Spread Accepted | : | 0.23 per cent |
| Pro-rata Ratio | : | About 68 per cent |
| Average Tender Spread | : | 0.44 per cent |
*Calculated as the amount of notes applied for over the amount of notes issued.
Ends/Wednesday, November 11, 2026
Issued at HKT 17:00
Issued at HKT 17:00
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