Hong Kong Financial Authority Proclaims Reopening of 3-12 months Authorities Bonds

The Hong Kong Financial Authority (HKMA), performing on behalf of the Hong Kong Particular Administrative Area Authorities, has introduced the reopening of its 3-year HKD Institutional Authorities Bonds. The tender is scheduled for Wednesday, July 23, 2025, with settlement on the next day, in keeping with the Hong Kong Financial Authority.

Tender Particulars

The re-opening includes an extra issuance of HK$2.0 billion for the prevailing 3-year Authorities Bond, identified by its challenge quantity 03GB2804001. These bonds are set to mature on April 25, 2028, and carry an rate of interest of two.76% each year, payable semi-annually. The indicative pricing as of July 17, 2025, was 101.77, yielding an annualised return of two.109%.

Eligibility and Utility Course of

Participation within the tender is restricted to Main Sellers designated beneath the Infrastructure Bond Programme. events should submit purposes by way of these sellers, with every tender requiring a minimal of HK$50,000 or multiples thereof. An inventory of eligible Main Sellers might be accessed through the Hong Kong Authorities Bonds web site.

Publication and Buying and selling

The outcomes of the tender might be disclosed on a number of platforms, together with the HKMA’s web site, the Hong Kong Authorities Bonds web site, Bloomberg, and Refinitiv, by 3:00 pm on the tender day. The bonds might be absolutely fungible with these already listed on the Inventory Trade of Hong Kong beneath the inventory code 4291.

Utilization of Proceeds

The proceeds from this bond issuance might be directed in direction of infrastructure tasks, aligning with the Infrastructure Bond Framework. This initiative is a part of the broader technique to assist sustainable improvement throughout the area.

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