Toll rate for Central Kowloon Bypass to take effect from December 6
The Government announced today (October 14) that the Central Kowloon Bypass will be fully commissioned on December 6, 2026 (Sunday), and an $8 toll will take effect from the same date. The Legislative Council (LegCo) approved in 2025 the $8 toll arrangement for all vehicles using the Central Kowloon Bypass. In this connection, the Secretary for Transport and Logistics has made the Road Tunnels (Government) (Amendment) (No. 2) Regulation 2025 (Commencement) Notice (the Commencement Notice) to specify that the relevant toll provisions will come into operation from December 6, 2026. The Commencement Notice will be published in the Gazette on October 16 and tabled at the LegCo for negative vetting on October 21.
The Central Kowloon Bypass comprises the already commissioned Central Kowloon Bypass (Yau Ma Tei Section Tunnel), and the Central Kowloon Bypass (Kowloon Bay Section Tunnel) which is scheduled for commissioning on December 6, 2026. Together with the Tseung Kwan O - Lam Tin Tunnel, it forms Route 6, linking Tseung Kwan O, Kowloon East and Kowloon West. Upon the commissioning of Route 6, the journey time between Tseung Kwan O and Yau Ma Tei during peak hours is expected to be substantially reduced from about 65 minutes to about 12 minutes, bringing considerable convenience to the public.
A spokesperson for the Transport and Logistics Bureau said, "Having duly considered public affordability, the toll for the Central Kowloon Bypass has been set at $8. It is expected to recover part of the operating costs while achieving the intended traffic diversion effect, thereby alleviating traffic on major roads in Kowloon. The Government has been actively launching publicity campaigns to help the public to fully grasp the toll arrangement, with a view to ensuring the smooth implementation of the new toll arrangement."
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Tender of 3-year HKD HKSAR Institutional Government Bonds through re-opening to be held on October 21
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 (October 14) that a tender of 3-year HKD institutional Government Bonds (Bonds) through the re-opening of existing 5-year Government Bond issue 05GB2912001 under the Infrastructure Bond Programme will be held on October 21, 2026 (Wednesday), for settlement on October 22, 2026 (Thursday).
An additional amount of HK$0.75 billion of the outstanding 5-year Bonds (issue no. 05GB2912001) will be on offer. The Bonds will mature on December 5, 2029 and will carry interest at the rate of 3.23 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on October 14, 2026 are 98.74 with an annualised yield of 3.690 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 ) 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 | | : | 05GB2912001 |
| Stock Code | | : | 4284 (HKGB 3.23 2912) |
| Tender Date and Time | | : | October 21, 2026 (Wednesday) 9.30am to 10.30am |
| Issue and Settlement Date | | : | October 22, 2026 (Thursday) |
| Amount on Offer | | : | HK$0.75 billion |
| Maturity | | : | 3 years |
| Remaining maturity | | : | Approximately 3.12 years |
| Maturity Date | | : | December 5, 2029(Wednesday) |
| Interest Rate | | : | 3.23 per cent p.a. payable semi-annually in arrear |
| Interest Payment Dates | | : | June 5 and December 5 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 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 (October 22, 2026) for the tender amount is HK$615.03 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 05GB2912001 (Stock code: 4284) 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. |
9.30am to 10.30am
The accrued interest to be paid by successful bidders on the issue date (October 22, 2026) for the tender amount is HK$615.03 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).
the Stock Exchange
of Hong Kong Limited
Source: AI-found images
