Hong Kong to Reopen 3-Yr Authorities Bonds with HK$1.25 Billion Provide

The Hong Kong Financial Authority (HKMA), representing the Hong Kong Particular Administrative Area Authorities, has introduced the reopening of its 3-year Hong Kong Greenback (HKD) authorities bonds. The tender, scheduled for June 25, 2025, will provide an extra HK$1.25 billion of the excellent bonds, as per the official announcement from the HKMA. [Source: HKMA]

Particulars of the Bond Reopening

The bonds, recognized by subject quantity 03GB2804001, are a part of the Infrastructure Bond Programme. They carry an rate of interest of two.76% each year, paid semi-annually, and are set to mature on April 25, 2028. The indicative pricing as of June 19, 2025, stands at 102.45 with an annualized yield of 1.882%.

Tender Participation

Participation within the tender is restricted to Major Sellers listed below the Infrastructure Bond Programme. events should apply by these sellers, with every tender requiring a minimal bid of HK$50,000 or its multiples. The accrued curiosity for profitable bids will likely be HK$234.41 per minimal denomination on the problem date of June 26, 2025.

Publication of Tender Outcomes

Outcomes will likely be disclosed on the HKMA’s web site, the Hong Kong Authorities Bonds web site, and monetary platforms corresponding to Bloomberg and Refinitiv by 3:00 pm on the day of the tender. This transparency permits market individuals to remain knowledgeable in regards to the tender outcomes.

Utilization of Proceeds

The raised funds will help infrastructure tasks in Hong Kong, aligning with the goals of the Infrastructure Bond Framework. This initiative is a part of the broader technique to bolster public infrastructure growth.

The bonds will likely be totally fungible with the prevailing subject listed on the Inventory Change of Hong Kong, facilitating seamless integration into the prevailing monetary market infrastructure.

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