Hong Kong Monetary Authority Reopens 3-Year Institutional Government Bonds
The Hong Kong Monetary Authority (HKMA) has announced a tender for the reopening of its 3-year HKD Institutional Government Bonds, offering an additional HK$2.25 billion under the Infrastructure Bond Programme. The bonds, maturing on April 25, 2028, carry a 2.76% annual interest rate, payable semi-annually. Indicative pricing stands at 101.16, yielding 2.289% annually. The tender, open exclusively to Primary Dealers, requires applications in multiples of HK$50,000.
Settlement is scheduled for November 6, 2025, with results published by 3:00 pm on the tender day. This MOVE underscores Hong Kong's commitment to bolstering its financial infrastructure amid global economic shifts.