Hong Kong reopens RMB government bond for three-year tender on Nov 12
Hong Kong's Monetary Authority announced the reopening of a five-year RMB government bond as a three-year bond for tender on 12 November 2026. An additional 750 million yuan of the bond will be available, with a 2.37 per cent coupon and semi-annual interest payments.
The Hong Kong Monetary Authority (HKMA), acting as representative of the Hong Kong Special Administrative Region (SAR) government, announced on 6 November the reopening of a five-year renminbi (RMB) government institutional bond (issue number 05GB2912002) under the Infrastructure Bond Programme. The reopened bond will be offered as a three-year bond for tender on 12 November 2026, with settlement scheduled for 16 November 2026.
An additional 750 million yuan of the existing five-year bond will be made available through this reopening. The bond matures on 10 December 2029 and carries an annual coupon rate of 2.37 per cent, with interest paid semi-annually. As of 6 November 2026, the bond's indicative price was 102.74, corresponding to a semi-annualised yield of 1.459 per cent.
Tender participation is limited to primary dealers appointed under the Infrastructure Bond Programme. All bids must be submitted through primary dealers listed on the latest published list, which is available for download from the Hong Kong Government Bond website at www.hkgb.gov.hk. Each bid must be in multiples of 50,000 yuan.
Tender results will be published on the HKMA website, the Hong Kong Government Bond website, Bloomberg (GBHK<GO>), and Refinitiv (IBPGSBPINDEX). Results are expected to be announced no later than 3 pm on the tender day.