Tender for re-opening of 3-year HKD HKSAR Institutional Government Bonds to be held on March 4
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 (February 26) that a tender of 3-year HKD Institutional Government Bonds (Bonds) through the re-opening of existing 3-year Government Bond issue 03GB2804001 under the Infrastructure Bond Programme will be held on Wednesday, March 4, 2026, for settlement on Thursday, March 5, 2026.
An additional amount of HK$2.5 billion of the outstanding 3-year Bonds (issue no. 03GB2804001) will be on offer. The Bonds will mature on April 25, 2028, and will carry interest at the rate of 2.76per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on February 26, 2026, are 101.47 with an annualised yield of 2.072 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 HK$50,000 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 3-year HKD HKSAR Institutional Government Bonds:
Issue Number:
03GB2804001
Stock Code:
4291 (HKGB 2.76 2804)
Tender Date and Time:
Wednesday, March 4, 2026
9.30am to 10.30am
Issue and Settlement Date:
Thursday, March 5, 2026
Amount on Offer:
HK$2.5 billion
Maturity:
3 years
Remaining maturity:
Approximately 2.14 years
Maturity Date:
Tuesday, April 25, 2028
Interest Rate:
2.76per cent p.a. payable semi-annually in arrear
Interest Payment Dates:
April 25and October 25in 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 HK$50,000 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 (March 5, 2026) for the tender amount is HK$487.73 per minimum denomination of HK$50,000.
(The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 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 03GB2804001 (Stock code: 4291) 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.
HKMA, Photo source: reference image
First meeting of DoJ's Expert Committee on Professional Services for Going Global held
The Deputy Secretary for Justice, Dr Cheung Kwok-kwan, today (February 26) convened the first meeting of the Expert Committee on Professional Services for Going Global to hear views from expert members of the Expert Committee on promoting Hong Kong's legal and other professional services to support Chinese Mainland enterprises in expanding overseas.
Dr Cheung said that the Recommendations for Formulating the 15th Five-Year Plan give explicit support to Hong Kong in better integrating into and serving the overall national development. Enhancing industries with competitive edge is one of the initiatives of the 2026-27 Budget. On strengthening professional collaboration, it stated that the Hong Kong Professional Services GoGlobal Platform, initiated by theDepartment of Justice with the support of the Commerce and Economic Development Bureau (CEDB), is to facilitate co-ordination among the professional services sectors in supporting Mainland enterprises to go global with Hong Kong as their preferred platform. That the Expert Committee's first meeting was held on the day following the delivery of the Budget was most timely.
Noting that the Expert Committee comprises experts from the legal, financial, and accounting sectors from the Chinese Mainland and Hong Kong, as well as outstanding business and corporate representatives, Dr Cheung anticipated that they would offer insightful advice for the work of the GoGlobal Platform.
At the meeting, the Expert Committee focused on two major areas of work and conducted an in-depth discussion on:
(1) ways to enhance the integration of information related to Hong Kong's professional services to facilitate precise connections between Mainland enterprises and Hong Kong's professional services, such as publishing success stories in supporting Mainland enterprises expanding overseas, and compiling information on professional services providers that supports "going global" enterprises to facilitate their enquiries and matching; and
(2) ways to enhance the understanding of the specific needs of Mainland enterprises expanding overseas and to co-ordinate Hong Kong's professional services to efficiently meet such needs, such as deepening the understanding of the diverse needs for professional services among enterprises across various regions and industries by liaising with relevant Mainland ministries, local and overseas commercial and trade organisations, as well as representatives of enterprises; and providing a platform for exchanges and connections between Hong Kong's professional services sectors and enterprises with the potential or demand for going global.
Dr Cheung stated that connecting and matching Mainland enterprises with Hong Kong's professional services is a common goal of the CEDB's Task Force on Supporting Mainland Enterprises in Going Global (GoGlobal Task Force) and the GoGlobal Platform. The Task Force and the GoGlobal Platform are closely interlinked and complement each other. The GoGlobal Platform will serve as a hub that brings together Hong Kong's cross-sector professional services as the main force to support enterprises going global. It will promote and support the professional services sectors, empowering them to better respond to the needs for professional services of Mainland enterprises. As for the GoGlobal Task Force, it will directly engage with Mainland enterprises, serving as the pivotal point of contact for Mainland enterprises using Hong Kong as a launchpad to go global.
Dr Cheung thanked the Expert Committee members for their active participation and valuable comments at the meeting, and encouraged them to continue offering advice and suggestions to further enhance the brand of Hong Kong's professional services for achieving the goal of "Go Global, Choose Hong Kong".
First meeting of DoJ's Expert Committee on Professional Services for Going Global held Source: HKSAR Government Press Releases
First meeting of DoJ's Expert Committee on Professional Services for Going Global held Source: HKSAR Government Press Releases
First meeting of DoJ's Expert Committee on Professional Services for Going Global held Source: HKSAR Government Press Releases
