The Hong Kong Monetary Authority, acting for the Hong Kong Special Administrative Region Government, reported that the reopening tender of existing 3-year RMB institutional Government Bonds under the Infrastructure Bond Programme raised RMB1.0 billion, drew RMB7.520 billion of applications for a 7.52 bid-to-cover ratio, and cleared at an average accepted price of 103.02, implying an annualised yield of 1.454%.
Hong Kong Monetary Authority2026-07-23
Hong Kong Monetary Authority reports 7.52 times demand in RMB1 billion 3-year institutional government bond reopening
The Hong Kong Monetary Authority published the tender results for a reopening of existing 3-year RMB institutional Government Bonds under the Infrastructure Bond Programme. RMB1.0 billion was issued against RMB7.520 billion of bids, with a 7.52 bid-to-cover ratio and an average accepted price of 103.02, implying an annualised yield of 1.454%.