Tender for re-opening of 2-year RMB HKSAR Institutional Government Bonds to be held on February 5
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 (HKSAR) Government, announced today (January 30) that a tender of 2-year RMB institutional Government Bonds (Bonds) through the re-opening of existing 2-year Government Bond issue 02GB2711001 under the Infrastructure Bond Programme will be held on February 5, 2026 (Thursday), for settlement on February 9, 2026 (Monday).
An additional amount of RMB1.0 billion of the outstanding 2-year Bonds (issue no. 02GB2711001) will be on offer. The Bonds will mature on November 17, 2027 and will carry interest at the rate of 1.71 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on January 30, 2026 are 100.07 with a semi-annualised yield of 1.670 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. 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 2-year RMB HKSAR Institutional Government Bonds:
Issue Number |
: |
02GB2711001 |
Stock Code |
: |
85089 (HKGB1.71 2711-R) |
Tender Date and Time |
: |
February 5, 2026 (Thursday)
9.30am to 10.30am |
Issue and Settlement Date |
: |
February 9, 2026 (Monday) |
Amount on Offer |
: |
RMB1.0 billion |
Maturity
Remaining maturity |
:
: |
2 years
Approximately 1.77 years |
Maturity Date |
: |
November 17, 2027 (Wednesday) |
Interest Rate |
: |
1.71 per cent p.a. payable semi-annually in arrear |
Interest Payment Dates |
: |
May 17 and November 17 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.
The accrued interest to be paid by successful bidders on the issue date (February 9, 2026) for the tender amount is RMB196.77 per minimum denomination of RMB50,000.
(The accrued interest to be paid for tender amount exceeding RMB50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of RMB50,000 due to rounding). |
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 |
: |
The tender amount is fully fungible with the existing 02GB2711001 (Stock code: 85089) listed on the Stock Exchange of Hong Kong. |
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-found images
Announcement on Road Traffic (Safety Equipment) (Amendment) Regulation 2025
The Transport and Logistics Bureau (TLB) announced today (January 30) that it noted public discussions on the scope of application of the Road Traffic (Safety Equipment) (Amendment) Regulation 2025. Having consulted the Department of Justice, it is considered that there are technical deficiencies in those legal provisions which state the requirement on passengers to wear seat belts on franchised and non-franchised buses. Those provisions do not fully reflect the legislative intent, which is to extend the statutory requirement for the wearing of seat belts to all vehicle seats, thereby providing better protection for passengers.
The TLB will promptly repeal the relevant provisions (i.e., Section 8D and related provisions (if applicable)) of the Road Traffic (Safety Equipment) Regulations (Chapter 374F)by way of publishing in the Gazette as subsidiary legislation. Upon repealing, there will be no statutory requirement for passengers to wear seat belts on franchised or non-franchised buses; for the period leading up to the repeal of relevant provisions, the Government will not enforce the provision. The statutory requirement for the wearing of seat belts on other types of vehicles (including private cars, taxis, goods vehicles, light buses, special purpose vehicles, student service vehicles) will remain in effect.
As the next step, we will gather opinions from various stakeholders, and consider how best to ensure road safety while addressing the concerns raised during the implementation of new requirements. We will further consult the Legislative Council after optimising the arrangements, and reintroducing them at an appropriate time. Meanwhile, we will continue to enhance publicity and education efforts to encourage the voluntary habit of wearing seat belts.
Source: AI-found images
