Tender of 10-year RMB HKSAR Institutional Government Bonds to be held on May 13
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (May 7) that a tender of 10-year RMB Institutional Government Bonds (Bonds) under the Infrastructure Bond Programme will be held on Tuesday, May 13, 2025, for settlement on Thursday, May 15, 2025.
A total of RMB1.0 billion 10-year RMB Bonds will be tendered. The Bonds will mature on May 15, 2035 and will carry interest at the rate of 2.29 per cent per annum payable semi-annually in arrear.
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. Each tender must be for an amount of RMB50,000 or integral multiples thereof.
Tender results will be published on the HKMA's website, the Hong Kong Government Bonds website, Bloomberg (GBHK <GO>) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.
HKSAR Institutional Government Bonds Tender Information
Tender information of 10-year RMB HKSAR Institutional Government Bonds:
Issue Number |
: |
10GB3505001 |
Stock Code |
: |
85024 (HKGB2.29 3505-R) |
Tender Date and Time |
: |
Tuesday, May 13, 2025
9.30am to 10.30am |
Issue and Settlement Date |
: |
Thursday, May 15, 2025 |
Amount on Offer |
: |
RMB1.0 billion |
Maturity |
: |
10 years |
Maturity Date |
: |
Tuesday, May 15, 2035 |
Interest Rate |
: |
2.29 per cent p.a. payable semi-annually in arrear |
Interest Payment Dates |
: |
May 15 and November 15 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website. |
Method of Tender |
: |
Competitive tender |
Tender Amount |
: |
Each competitive tender must be for an amount of RMB50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list. |
Other Details |
: |
Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers. |
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited |
: |
Friday, May 16, 2025 |
Use of Proceeds |
: |
The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website. |
Source: AI-generated images
Scam alert related to banks
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA. Hyperlinks to the press releases are available on theHKMA website.
Bank |
Type of scam |
The Bank of East Asia, Limited |
Fraudulent websites and internet banking login screens |
Shanghai Commercial Bank Limited |
Fraudulent website and internet banking login screen |
Chong Hing Bank Limited |
Fraudulent website and internet banking login screen |
Chiyu Banking Corporation Limited |
Fraudulent websites and internet banking login screens |
The Hongkong and Shanghai Banking Corporation Limited |
Fraudulent website and internet banking login screen |
DBS Bank (Hong Kong) Limited |
Fraudulent website |
The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks' websites to carry out transactions. They will not ask customers for sensitive information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).
Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the scams concerned, should contact the relevant bank with the information provided in the corresponding press release, and report the matter to the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.
Source: AI-found images
