HKMA announces $500m 15-year government bonds tender

It will carry interest at the rate of 3.75% per annum.

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 15-year HKD Institutional Government Bonds (Bonds) under the Infrastructure Bond Programme will be held on Wednesday, 4 December for settlement on Thursday, 5 December.

A total of HK$500m 15-year HKD Bonds will be tendered. The Bonds will mature on 5 December 2039 and will carry interest at the rate of 3.75% per annum payable semi-annually in arrears.

Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme, with each tender to be for an amount of HK$50,000 or integral multiples thereof.