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Hong Kong Announces RMB1.25 Billion Bond Tender to Fund Infrastructure Projects
Hong Kong Announces RMB1.25 Billion Bond Tender to Fund Infrastructure Projects
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BTCCSquare news:
The Hong Kong Monetary Authority (HKMA) is reopening a tender for 3-year Renminbi-denominated government bonds, targeting an additional RMB1.25 billion issuance to bolster infrastructure development. The bonds, maturing in July 2028, carry a 1.59% annual coupon with semi-annual payments.
Primary Dealers under the Infrastructure Bond Programme are the sole eligible participants, with minimum bid increments of RMB50,000. The offering reflects Hong Kong's strategic push to channel capital into long-term public works amid growing regional economic integration.
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