Hong Kong Monetary Authority Announces Tender for 2-Year Exchange Fund Notes
The Hong Kong Monetary Authority (HKMA) will conduct a tender for 2-year Exchange Fund Notes on May 23, 2025, aiming to roll over HK$1,200 million in maturing debt. The notes carry a 2.16% interest rate, with settlement scheduled for May 26, 2025.
HK$5 million of the total issuance is reserved for public non-competitive bids through the Hong Kong Securities Clearing Company. The MOVE reflects ongoing institutional debt management strategies in Asia’s financial hub.