The Ministry of Finance successfully issued the first 14 billion RMB government bond for 2026 in Hong Kong

On February 11, the Ministry of Finance of the People’s Republic of China issued the first batch of 14 billion RMB government bonds for 2026 through a tender in the Hong Kong Special Administrative Region, which was widely welcomed by investors with a subscription multiple of 3.94 times. Among them, the 2-year bond of 4 billion RMB with an issuance rate of 1.38%; the 3-year bond of 4 billion RMB with an issuance rate of 1.40%; the 5-year bond of 3 billion RMB with an issuance rate of 1.57%; the 10-year bond of 2 billion RMB with an issuance rate of 1.87%; and the 30-year bond of 1 billion RMB with an issuance rate of 2.35%. (Ministry of Finance)

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