Hong Kong to Reopen 3-Year Government Bonds with HK$1.25 Billion Offer

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 a further 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 difficulty quantity 03GB2804001, are a part of the Infrastructure Bond Programme. They carry an rate of interest of two.76% every 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 Main Sellers listed below the Infrastructure Bond Programme. events should apply via these sellers, with every tender requiring a minimal bid of HK$50,000 or its multiples. The accrued curiosity for profitable bids might be HK$234.41 per minimal denomination on the problem date of June 26, 2025.

Publication of Tender Outcomes

Outcomes might be disclosed on the HKMA’s web site, the Hong Kong Authorities Bonds web site, and monetary platforms similar to Bloomberg and Refinitiv by 3:00 pm on the day of the tender. This transparency permits market members 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 aims of the Infrastructure Bond Framework. This initiative is a part of the broader technique to bolster public infrastructure improvement.

The bonds might be absolutely fungible with the prevailing difficulty listed on the Inventory Trade of Hong Kong, facilitating seamless integration into the prevailing monetary market infrastructure.

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