The Hong Kong Monetary Authority published the results of a tender for 1-year RMB institutional Government Bonds issued through the reopening of an existing bond under the Infrastructure Bond Programme. The tender offered RMB0.75 billion and drew RMB6.628 billion in applications, indicating demand well above the amount issued. The bid-to-cover ratio was 8.84. The average accepted price was 100.34, implying an annualised yield of 1.286%. For reference, the corresponding semi-annualised yield at the average accepted price was 1.282%.
Hong Kong Monetary Authority2026-07-23
Hong Kong Monetary Authority reports strong demand in RMB0.75 billion 1 year institutional government bond reopening tender
The Hong Kong Monetary Authority published the results of a reopening tender for RMB0.75 billion of 1-year institutional Government Bonds under the Infrastructure Bond Programme. Applications totaled RMB6.628 billion, giving a bid-to-cover ratio of 8.84. The average accepted price was 100.34, implying an annualised yield of 1.286%.