
Hong Kong to Hold Tender for 1-Year RMB Government Bonds on July 24, 2025
The Hong Kong Monetary Authority will be conducting a tender for 1-year RMB HKSAR Institutional Government Bonds on July 24, 2025. The bond issuance aims to raise funds for infrastructure projects in line with the Infrastructure Bond Framework outlined by the Hong Kong Government Bonds website.
As part of the Infrastructure Bond Programme, the tender will offer a total amount of RMB1.5 billion in bonds that mature on July 28, 2026. The interest rate for these bonds has been set at a fixed rate of 1.48% per annum, with semi-annual interest payments.
The tender is exclusively open to Primary Dealers appointed under the Infrastructure Bond Programme. Individuals seeking to purchase the bonds must apply through one of these appointed dealers, with applications requiring amounts of RMB50,000 or integral multiples thereof.
The publication and settlement results from the tender will be made available on multiple platforms, including the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg, and Refinitiv. The publication is expected to take place by 3:00 pm on the day of the tender.
Proceeds from the bond issuance will be directed towards infrastructure projects, aligning with the Infrastructure Bond Framework outlined by the Hong Kong Government Bonds website.
Source: Blockchain.News