Hong Kong Monetary Authority Announces Tender for 20-Year Government Bonds

The Hong Kong Monetary Authority (HKMA) announced a tender for HK$1.0 billion of 20-year HKD institutional Government Bonds, re-opening an existing issue under the Infrastructure Bond Programme. The bonds, maturing on March 6, 2045, will carry an interest rate of 3.99% per annum. This issuance is a notable development in sovereign debt markets, impacting fixed income and capital flows in Hong Kong.