HKMA Announces Reopening Tender Results for 10-Year HKD Government Institutional Bond (10GB3507001)

On behalf of the Hong Kong SAR Government, the Hong Kong Monetary Authority (HKMA) completed the reopening tender for the 10-year HKD Government Institutional Bond (Issuance No. 10GB3507001) on October 21. This tender falls under the Infrastructure Bond Scheme of the Government Bond Programme. The total issuance size of this tender was HKD 1.25 billion, attracting HKD 4.030 billion in bid applications, resulting in a bid-to-cover ratio of 3.22. The average accepted bid price was 93.06, corresponding to an annualized yield of 4.164%. The settlement date of this bond is October 22, with a maturity date of July 24, 2035, and a coupon rate of 3.17%.