Government Bonds - Tender results

Tender results of the re-opening of 5-year HKD HKSAR Institutional Government Bonds

04 Mar 2026

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%)
Calculated as the amount of bonds applied for over the amount of bonds issued.
 
Hong Kong Monetary Authority
4 March 2026

 

Source: Hong Kong Monetary Authority

Last revision date : 04 Mar 2026