Tender results of the re-opening of 2-year RMB HKSAR Institutional Government Bonds

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 2-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 02GB2711001) under the Infrastructure Bond Programme was held today (5 February).
A total of RMB1.0 billion 2-year Government Bonds were offered today. A total of RMB13.980 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 13.98. The average price accepted is 100.20, implying an annualised yield of 1.601%.
 
Hong Kong Monetary Authority
5 February 2026
 
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 2-year RMB HKSAR Institutional Government Bonds:-

Tender Date	:	5 February 2026
Issue Number	:	02GB2711001 (Re-open)
Stock Code	:	85089 (HKGB1.71 2711-R)
Issue and Settlement Date	:	9 February 2026
Tenor	:	2 years
Maturity Date	:	17 November 2027
Coupon Rate	:	1.71%
Amount Applied	:	RMB13.980 billion
Amount Allotted	:	RMB1.0 billion
Bid-to-Cover Ratio*	:	13.98
Average Price Accepted (Yield)	:	100.20 (1.601%1)
Lowest Price Accepted (Yield)	:	100.19 (1.607%1)
Pro-rata Ratio	:	About 84%
Average Tender Price (Yield)	:	100.04 (1.691%1)

* Calculated as the amount of bonds applied for over the amount of bonds issued.
 
Hong Kong Monetary Authority
5 February 2026


 

Source: Hong Kong Monetary Authority