Iris Coleman
Could 07, 2025 02:35
Hong Kong Financial Authority publicizes a young for 10-year RMB Institutional Authorities Bonds, with a complete of RMB1.0 billion on provide, set for Could 13, 2025.
The Hong Kong Financial Authority (HKMA), appearing on behalf of the Hong Kong Particular Administrative Area Authorities, has introduced a young for 10-year RMB Institutional Authorities Bonds. This occasion is scheduled for Tuesday, Could 13, 2025, with settlement set for Could 15, 2025, in keeping with the Hong Kong Financial Authority.
Particulars of the Bond Issuance
The HKMA will provide a complete of RMB1.0 billion in bonds, which is able to mature on Could 15, 2035. These bonds will carry an rate of interest of two.29% each year, payable semi-annually. The tender is completely open to Main Sellers appointed underneath the Infrastructure Bond Programme.
Every tender have to be for an quantity of RMB50,000 or integral multiples thereof. events can apply by means of any Main Supplier listed on the Hong Kong Authorities Bonds web site.
Publication of Tender Outcomes
The outcomes of the tender will probably be printed on a number of platforms, together with the HKMA’s web site, the Hong Kong Authorities Bonds web site, Bloomberg (GBHK <GO>), and Refinitiv (IBPGSBPINDEX). The publication is predicted no later than 3:00 pm on the tender day.
Extra Data and Bond Utilization
The issued bonds are a part of the institutional part of the Infrastructure Bond Programme, with proceeds designated for funding in infrastructure tasks as outlined within the Infrastructure Bond Framework. The anticipated graduation date for dealing on the Inventory Trade of Hong Kong Restricted is Could 16, 2025.
For extra detailed info, potential candidates and events are inspired to discuss with the Data Memorandum accessible on the Hong Kong Authorities Bonds web site or seek the advice of with Main Sellers.
Picture supply: Shutterstock
