Results of 7-year RMB HKSAR Institutional Government Bonds tender through re-opening

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 7-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 07GB3306001) under the Infrastructure Bond Programme was held today (13 August).
A total of RMB1.25 billion 7-year Government Bonds were offered today. A total of RMB6.010 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.81. The average price accepted is 100.84, implying an annualised yield of 1.656%.
 
Hong Kong Monetary Authority
13 August 2026
 
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 7-year RMB HKSAR Institutional Government Bonds:-

Tender Date	:	13 August 2026
Issue Number	:	07GB3306001 (Re-open)
Stock Code	:	85138 (HKGB1.78 3306-R)
Issue and Settlement Date	:	17 August 2026
Tenor	:	7 years
Maturity Date	:	29 June 2033
Coupon Rate	:	1.78%
Amount Applied	:	RMB6.010 billion
Amount Allotted	:	RMB1.25 billion
Bid-to-Cover Ratio*	:	4.81
Average Price Accepted (Yield)	:	100.84 (1.656%1)
Lowest Price Accepted (Yield)	:	100.72 (1.675%1)
Pro-rata Ratio	:	About 47%
Average Tender Price (Yield)	:	100.26 (1.747%1)

* Calculated as the amount of bonds applied for over the amount of bonds issued.
 
Hong Kong Monetary Authority
13 August 2026
 
  ¹ 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 1.649%, 1.669%, and 1.739% respectively.

 

Source: Hong Kong Monetary Authority