Alvin Lang
Nov 07, 2025 10:33
The Hong Kong Monetary Authority will conduct a tender for 2-year RMB Institutional Government Bonds on November 13, 2025, totaling RMB1.25 billion, as part of the Infrastructure Bond Programme.
The Hong Kong Monetary Authority (HKMA) has announced plans to hold a tender for 2-year RMB Institutional Government Bonds as part of the Infrastructure Bond Programme. The tender, scheduled for November 13, 2025, will involve a total of RMB1.25 billion in bonds, according to the HKMA.
Tender Details
The bonds, set to mature on November 17, 2027, will carry an interest rate of 1.71% per annum, payable semi-annually. The tender is only open to Primary Dealers appointed under the Infrastructure Bond Programme. Interested parties can apply through any of the Primary Dealers listed on the Hong Kong Government Bonds website. Each tender must be for an amount of RMB50,000 or integral multiples thereof.
Publication of Results
The HKMA will publish the tender results on its website, the Hong Kong Government Bonds website, Bloomberg, and Refinitiv. The publication is expected no later than 3:00 pm on the day of the tender.
Bond Issuance and Settlement
The issuance and settlement date for the bonds is November 17, 2025. The bonds are expected to commence trading on the Stock Exchange of Hong Kong Limited on November 18, 2025. The proceeds from the bonds will be used for infrastructure projects, following the guidelines set out in the Infrastructure Bond Framework available on the Hong Kong Government Bonds website.
Further Information
For additional details, the Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme can be consulted on the Hong Kong Government Bonds website. The HKMA, acting as the representative of the Hong Kong Special Administrative Region Government, continues to support infrastructure development through strategic financial instruments.
For more information, please visit the Hong Kong Monetary Authority.
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