The Hong Kong Financial Authority (HKMA) has unveiled an up to date tentative issuance schedule for institutional Authorities Bonds (GBs) underneath the Hong Kong Particular Administrative Area Authorities (HKSAR Authorities) packages. This revised plan pertains to the Infrastructure Bond Programme and the Authorities Sustainable Bond Programme, protecting the interval from January to March 2025, as introduced on January 9, 2025.
Diversified Denominations and Aggressive Tendering
The GBs might be denominated in each Hong Kong {dollars} (HKD) and Renminbi (RMB), and they are going to be supplied via aggressive tendering. The up to date schedule offers detailed info on tentative tenors, tender dates, issuance sizes, and difficulty dates. These particulars are important for potential buyers and can be found within the Info Memorandum on the Hong Kong Authorities Bonds web site.
Potential Changes Primarily based on Market Situations
Whereas the issuance schedule outlines the anticipated plans, the HKMA has famous that these particulars are provisional and topic to vary in response to market circumstances. The authority could difficulty additional revisions to the schedule if vital, making certain that the issuance course of stays aligned with present financial circumstances.
Future Bulletins and Tender Notices
Every bond difficulty’s specifics, together with using proceeds, might be confirmed and communicated in tender notices earlier than the scheduled tender dates. These bulletins will present essential insights for buyers focused on taking part in these authorities bond packages.
For extra detailed info, go to the Hong Kong Financial Authority.
Picture supply: Shutterstock