Tender for re-opening of 20-year HKD HKSAR Institutional Government Bonds to be held on August 20

Tender for re-opening of 20-year HKD HKSAR Institutional Government Bonds to be held on August 20 
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (August 14) that a tender of 20-year HKD institutional Government Bonds (Bonds) through the re-opening of existing 20-year Government Bond issue 20GB4503001 under the Infrastructure Bond Programme will be held on Wednesday, August 20,2025, for settlement on Thursday, August 21, 2025.
 
An additional amount of HK$0.5 billion of the outstanding 20-year Bonds (issue no. 20GB4503001) will be on offer. The Bonds will mature on March 6, 2045 and will carry interest at the rate of 3.99per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on August 14, 2025 are 106.00 with an annualised yield of 3.593 per cent.
 
Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk 
Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg (GBHK ) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.
 
HKSAR Institutional Government Bonds Tender Information