Tender results of the re-opening of 5-year HKD 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 5-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB3005002) under the Infrastructure Bond Programme was held today (4 March).
A total of HK$2.0 billion 5-year Government Bonds were offered today. A total of HK$8.630 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.32. The average price accepted is 102.00, implying an annualised yield of 2.211%.
Hong Kong Monetary Authority
4 March 2026
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year HKD HKSAR Institutional Government Bonds:-
| Tender Date | : | 4 March 2026 |
| Issue Number | : | 05GB3005002 (Re-open) |
| Stock Code | : | 4293 (HKGB 2.70 3005) |
| Issue and Settlement Date | : | 5 March 2026 |
| Tenor | : | 5 years |
| Maturity Date | : | 15 May 2030 |
| Coupon Rate | : | 2.70% |
| Amount Applied | : | HK$8.630 billion |
| Amount Allotted | : | HK$2.0 billion |
| Bid-to-Cover Ratio* | : | 4.32 |
| Average Price Accepted (Yield) | : | 102.00 (2.211%) |
| Lowest Price Accepted (Yield) | : | 101.80 (2.261%) |
| Pro-rata Ratio | : | About 30% |
| Average Tender Price (Yield) | : | 101.45 (2.348%) |
Hong Kong Monetary Authority
4 March 2026
Source: Hong Kong Monetary Authority