Tender outcomes of re-opening of 5-year RMB HKSAR Institutional Government Bonds 19659002 ******************************************************************************* The following is released on behalf of the Hong Kong Monetary Authority: 19459005 The Hong Kong Monetary Authority (HKMA), as agent of the Hong Kong Special Administrative Region Government (HKSAR Government), revealed that a tender of 5-year RMB institutional Government Bonds through the re-opening of existing Government Bond (problem number 05GB3005001) under the Infrastructure Bond Programme was held today (August 14). 19659004 An overall of RMB1.25 billion 5-year Government Bonds were provided today. An overall of RMB3.781 billion tender applications were gotten. The bid-to-cover ratio, i.e. the ratio of bonds looked for to bonds released, is 3.02. The typical rate accepted is 101.27, indicating an annualised yield of 1.697 percent. HKSAR Institutional Government Bonds Tender Results Tender outcomes of 5-year RMB HKSAR Institutional Government Bonds: Tender Date : 19659010 August 14, 2025 Concern Number 19659012: 05GB3005001 (Re-open) 19659014 Stock Code 19659015: 85023 (HKGB1.97 3005-R) Concern and Settlement Date 19659018: August 18, 2025 19659020 Tenor : 19659022 5 years 19659023 Maturity Date 19659024: 19659025 May 15, 2030 Discount coupon Rate : 1.97 percent 19659029 Quantity Applied 19659030: RMB3.781 billion Quantity Allotted : RMB1.25 billion 19659035 Bid-to-Cover Ratio * 19659036: 3.02 Typical Price Accepted (Yield) 19659039: 19659040 101.27 (1.697 percent (Note)) Least Expensive Price Accepted (Yield) 19659042: 19659043 101.13 (1.728 percent (Note)) 19659044 Pro-rata Ratio 19659045: 19659046 About 75 percent 19659047 Typical Tender Price (Yield) : 100.86 (1.788 percent (Note)) 19659050 * Calculated as the quantity of bonds gotten over the quantity of bonds released. 19459005 Keep in mind: The yields mentioned above are annualised yields. For referral, the semi-annualised yields representing the typical rate accepted, most affordable rate accepted, and typical tender rate are 1.690 percent, 1.721 percent, and 1.780 percent respectively.