Darius Baruo
Jan 10, 2025 07:49
The Hong Kong Monetary Authority has announced a revised issuance schedule for HKSAR Government Bonds, focusing on infrastructure and sustainability, slated for early 2025.
The Hong Kong Monetary Authority (HKMA) has unveiled an updated tentative issuance schedule for institutional Government Bonds (GBs) under the Hong Kong Special Administrative Region Government (HKSAR Government) programs. This revised plan pertains to the Infrastructure Bond Programme and the Government Sustainable Bond Programme, covering the period from January to March 2025, as announced on January 9, 2025.
Diversified Denominations and Competitive Tendering
The GBs will be denominated in both Hong Kong dollars (HKD) and Renminbi (RMB), and they will be offered through competitive tendering. The updated schedule provides detailed information on tentative tenors, tender dates, issuance sizes, and issue dates. These details are essential for potential investors and are available in the Information Memorandum on the Hong Kong Government Bonds website.
Potential Adjustments Based on Market Conditions
While the issuance schedule outlines the anticipated plans, the HKMA has noted that these details are provisional and subject to change in response to market conditions. The authority may issue further revisions to the schedule if necessary, ensuring that the issuance process remains aligned with current economic conditions.
Future Announcements and Tender Notices
Each bond issue’s specifics, including the use of proceeds, will be confirmed and communicated in tender notices before the scheduled tender dates. These announcements will provide crucial insights for investors interested in participating in these government bond programs.
For more detailed information, visit the Hong Kong Monetary Authority.
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