The Hong Kong Monetary Authority will reopen its 1-year renminbi-denominated bond tender on July 23, 2026, offering RMB 750 million at an interest rate of 1.71%. Settlement is scheduled for July 27, 2026, the HKMA said in a statement.
Tender details and schedule
The reopened bond carries a fixed coupon of 1.71% and matures in one year. Bids are due by July 23, with the result announced the same day. Settlement will occur on July 27. The HKMA did not disclose the size of any previous tranche of this series.
Part of regular RMB issuance
Hong Kong's de facto central bank periodically issues renminbi bonds as part of its efforts to broaden the city's offshore RMB market. The tender comes amid steady demand for RMB-denominated instruments from institutional investors seeking exposure to China's currency.
Investors must submit bids through recognized market makers by the deadline on July 23. The HKMA has not yet announced whether it will offer additional tranches of this bond later this year.
