CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

HKMA schedules RMB750 million reopening of 03GB2807001 bond issue

Blockchain.News logo

Published on

Add as a preferred source on Google
HKMA schedules RMB750 million reopening of 03GB2807001 bond issue

HKMA set an Oct. 22 tender for RMB750 million of 03GB2807001, a 1.59% bond maturing July 28, 2028.

The Hong Kong Monetary Authority said on 15 October 2026 that it will reopen its 03GB2807001 institutional government bond issue for tender on 22 October, offering RMB750 million of the outstanding notes under the Infrastructure Bond Programme.

According to the HKMA announcement, the tender is for 2-year RMB HKSAR institutional Government Bonds via the re-opening of the existing 3-year issue 03GB2807001, which carries a 1.59% annual coupon paid semi-annually and matures on 28 July 2028. The tender will run from 9:30 a.m. to 10:30 a.m. on 22 October 2026, with settlement on 26 October 2026. The issue is fully fungible with the listed bond carrying stock code 85039 (HKGB1.59 2807-R).

The HKMA said the indicative price on 15 October 2026 was 100.27, with a semi-annualised yield of 1.435%. It also said accrued interest due from successful bidders will be RMB196.03 per minimum denomination of RMB50,000 on the issue date, subject to rounding for larger orders. Tender applications must be submitted through appointed Primary Dealers and must be in RMB50,000 or integral multiples thereof.

Proceeds from the bond sale will be invested in infrastructure projects under the Infrastructure Bond Framework, the HKMA said. Tender results are expected to be published by 3:00 p.m. on the tender day on the HKMA website, the Hong Kong Government Bonds website, Bloomberg and Refinitiv.

13. 418%, which is a historical reference point and not a live market quote.


Source link
Related Topics:Web3 & Blockchain

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.