Hong Kong Monetary Authority: A batch of 2-year foreign exchange fund bonds will be tendered on August 22nd.

date
13/08/2025
avatar
GMT Eight
A batch of 2-year foreign exchange fund bonds will be open for bidding on Friday, August 22, 2025. These bonds will mature on August 25, 2027, with an annual interest rate of 1.85% and dividends paid every six months.
On August 13, the Hong Kong Monetary Authority announced that a batch of 2-year foreign exchange fund bonds will be tendered on August 22, 2025 (Friday) and settled on August 25, 2025 (Monday) according to the provisional issuance schedule previously announced. This is to renew a batch of 2-year foreign exchange fund bonds that will mature on the same day. A total of HK$1.2 billion 2-year bonds will be available for tender, with HK$5 million of bonds being publicly offered for non-competitive tender through the Hong Kong Central Clearing Limited (clearing company). If the subscription for the bonds reserved for non-competitive tender is insufficient, the unsubscribed portion will be reallocated to the competitive tender bonds (originally planned at HK$11.95 billion). These bonds will mature on August 25, 2027, have an annual interest rate of 1.85%, and pay dividends every six months.