Joerg Hiller
Oct 10, 2025 07:41
The Hong Kong Monetary Authority has announced a tentative schedule for the issuance of HKSAR Government Bonds under its Infrastructure and Sustainable Bond Programmes.
The Hong Kong Monetary Authority (HKMA), acting on behalf of the Hong Kong Special Administrative Region Government (HKSAR), has unveiled a tentative issuance schedule for its institutional Government Bonds (GBs). This announcement pertains to bonds offered under the Infrastructure Bond Programme and the Government Sustainable Bond Programme, covering the period from October 2025 to March 2026, according to the Hong Kong Monetary Authority.
Bond Details
The GBs are set to be denominated in both Hong Kong dollars (HKD) and Renminbi (RMB), and will be offered through competitive tendering processes. The schedule provides key information such as tentative tenors, tender dates, issuance sizes, issue dates, and issuance methods for each bond issue. It is important to note that these details are provisional and may be adjusted based on prevailing market conditions. Adjustments to the schedule will be communicated as necessary.
Market Adaptability
The HKMA has emphasized that the issuance schedule is subject to change, reflecting the dynamic nature of financial markets. Revisions to the schedule may be issued in response to evolving market conditions, ensuring that the bond offerings are aligned with current economic realities. The authority will confirm specifics of each bond issue, including the use of proceeds, in the tender notices issued before the scheduled tender dates.
Strategic Implications
The issuance of these bonds is part of Hong Kong’s broader strategy to enhance its financial infrastructure and promote sustainable finance. By offering bonds under these programmes, the HKMA aims to address both infrastructure development needs and sustainable economic growth objectives. This move aligns with global trends where governments are increasingly leveraging bond markets to fund sustainable projects.
For further details on the tentative schedule and related documents, stakeholders can refer to the Information Memorandum available on the Hong Kong Government Bonds website.
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