Hong Kong Monetary Authority issues tentative issuance schedule for Exchange Fund paper
The Hong Kong Monetary Authority on 13 November 2026 released a tentative schedule for Exchange Fund Bills and Bonds for the first quarter of 2027, covering tender dates, issuance amounts, and issuance dates for each batch.
The Hong Kong Monetary Authority (HKMA) today (13 November) issued the tentative issuance schedule for Exchange Fund Bills and Bonds for the January-to-March quarter of 2027. The schedule sets out the provisional tender dates, issuance amounts and issuance dates for each batch of Exchange Fund paper.
The amounts shown represent the rollover of maturing bills and bonds as well as planned adjustments to the tenors of Exchange Fund paper. The HKMA issues the schedule for the following quarter in the second month of each quarter – that is, in February, May, August and November – providing information on tenders to be conducted in that period.
It should be noted that the tender dates, issuance amounts and issuance dates in the pre-announced schedule are provisional. Details of new Exchange Fund Bills issues will be finalised and announced at least four working days before the relevant tender date. Details of new Exchange Fund Bonds issues will be finalised and announced seven working days before the relevant tender date. The HKMA may revise the schedule in response to market conditions.
