Tender of 2-year RMB HKSAR Institutional Government Bonds through re-opening to be held on October 22

The following is issued on behalf of the Hong Kong Monetary Authority:

     ​The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (October 15) that a tender of 2-year RMB institutional Government Bonds (Bonds) through the re-opening of existing 3-year Government Bond issue 03GB2807001 under the Infrastructure Bond Programme will be held on October 22, 2026 (Thursday), for settlement on October 26, 2026 (Monday).
      
     An additional amount of RMB0.75 billion of the outstanding 3-year Bonds (issue no. 03GB2807001) will be on offer. The Bonds will mature on July 28, 2028 and will carry interest at the rate of 1.59 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on October 15, 2026 are 100.27 with a semi-annualised yield of 1.435 per cent.
      
     Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of RMB50,000 or integral multiples thereof.
      
     Tender results will be published on the HKMA's website, the Hong Kong Government Bonds website, Bloomberg (GBHK <GO>) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.
      
HKSAR Institutional Government Bonds Tender Information

     Tender information of 2-year RMB HKSAR Institutional Government Bonds:
 

Issue Number : 03GB2807001
Stock Code : 85039 (HKGB1.59 2807-R)
Tender Date and Time : October 22, 2026 (Thursday)
9.30am to 10.30am
Issue and Settlement Date : October 26, 2026 (Monday)
Amount on Offer : RMB0.75 billion
Maturity : 2 years
Remaining Maturity : Approximately 1.76 years
Maturity Date : July 28, 2028 (Friday)
Interest Rate : 1.59 per cent p.a. payable semi-annually in arrear
Interest Payment Dates : January 28 and July 28 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.
Method of Tender : Competitive tender
Tender Amount : Each competitive tender must be for an amount of RMB50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.
The accrued interest to be paid by successful bidders on the issue date (October 26, 2026) for the tender amount is RMB196.03 per minimum denomination of RMB50,000.
(The accrued interest to be paid for tender amount exceeding RMB50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of RMB50,000 due to rounding).
Other Details : Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.
     
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited
: The tender amount is fully fungible with the existing 03GB2807001 (Stock code: 85039) listed on the Stock Exchange of Hong Kong.
Use of Proceeds : The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.

Hong Kong Customs conducts joint enforcement operations with FEHD regarding sale of hairy crabs (with photos)

     Hong Kong Customs and the Food and Environmental Hygiene Department (FEHD) have been carrying out joint enforcement operations since October 12 to inspect hairy crab retail outlets in various districts, with the aim of protecting consumer rights and upholding food safety by ensuring hairy crabs on sale in the market comply with the relevant stipulations and requirements under the laws.

     During the inspections, Customs officers and officers of the Centre for Food Safety and the Environmental Hygiene Branch of the FEHD monitored the sale of hairy crabs and also checked supporting documents for the place of origin and health certificates of the hairy crabs to ensure that the hairy crabs sold at retail shops are fit for human consumption and are in compliance with the Trade Descriptions Ordinance (TDO), the Food Safety Ordinance, and the Public Health and Municipal Services Ordinance.

     As of now, officers of the two departments have inspected 42 hairy crab retail shops, and no irregularity has been found. The relevant joint enforcement operations will continue.

     Apart from carrying out inspections in the market, Customs officers also made use of the big-data analytics system to analyse and verify whether online shops selling hairy crabs had complied with the TDO, with a view to safeguarding the interests of consumers when making online purchases.
      
     Customs attaches great importance to the protection of consumer rights and will take appropriate enforcement action once activities in violation of the TDO are detected in the market. The department also reminds traders not to apply a false trade description to goods or services, or to supply or offer to supply goods or services to which a false trade description is applied. Those who violate the TDO are liable on conviction to a maximum fine of $500,000 and imprisonment for five years.

     The FEHD reminds traders that according to the Public Health and Municipal Services Ordinance, all food available for sale in Hong Kong, whether imported or locally produced, should be fit for human consumption. Also, any person who operates an unlicensed food business or sells restricted foods without permission is liable on conviction to a maximum fine of $50,000 and imprisonment for six months. Under the Food Safety Ordinance, any person who, without reasonable excuse, fails to comply with the record-keeping requirement relating to movement of food commits an offence and is liable to a maximum fine of $10,000 and imprisonment for three months upon conviction.

     Customs and the FEHD remind traders not to import or put on sale hairy crabs with an unknown origin. Consumers should make purchases at reputable shops with the Shell Fish (Hairy Crab) Permit or relevant written permission granted by the FEHD.

     Members of the public may report any suspected violations of the TDO to Customs' 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002) if they suspect that hairy crabs bought are of falsely claimed place of origin.

     In addition, if members of the public suspect that there are operators selling hairy crabs without the relevant permits/permissions or that the hairy crabs are not accompanied by health certificates, they may file a report to the FEHD by calling the hotline at 2868 0000 or through email (enquiries@fehd.gov.hk).
      
     

 

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