Trading Notices

Updated: 18/05/2026
Price/Yield Table of New EFN at Tender


   Outlines of the new EFN at tender:-

                                Issue No.02Y2805
                                ----------------
-   Stock Code               :  4111 (EFN 2.52 2805)
-   Issue Date               :  26/5/2026
-   Maturity Date            :  26/5/2028
-   Maturity Life            :  2 years
-   Coupon Rate              :  2.52% p.a.
-   Amount on Offer          :  $1,200 million
-   HKMA Tender Closing Date :  22/5/2026 (10:30 am)
-   Closing Date for Public  :  20/5/2026 (3:45 pm)
    Tender through CCASS
-   Deadline for Tender      :  21/5/2026 (3:45 pm)
    Amendment through CCASS
-   Notification of Tender   :  22/5/2026 (after 6:00 pm)
    Result through CCASS
-   Commencement Date of     :  27/5/2026
    Trading on SEHK

Price/Yield Table of the new EFN at tender for reference only: -
(Source: Hong Kong Monetary Authority*)
-   EFN HKMA Issue No.02Y2805

Yield-to-Maturity      Price         Yield-to-Maturity      Price
-----------------      -----         -----------------      -----
       1.520          101.97                2.520          100.03
       1.570          101.88                2.570           99.93
       1.620          101.78                2.620           99.84
       1.670          101.68                2.670           99.74
       1.720          101.58                2.720           99.65
       1.770          101.48                2.770           99.55
       1.820          101.38                2.820           99.46
       1.870          101.29                2.870           99.36
       1.920          101.19                2.920           99.27
       1.970          101.09                2.970           99.17
       2.020          101.00                3.020           99.08
       2.070          100.90                3.070           98.99
       2.120          100.80                3.120           98.89
       2.170          100.70                3.170           98.80
       2.220          100.61                3.220           98.70
       2.270          100.51                3.270           98.61
       2.320          100.41                3.320           98.52
       2.370          100.32                3.370           98.42
       2.420          100.22                3.420           98.33
       2.470          100.13                3.470           98.24
                                            3.520           98.14

* Disclaimer

  The information provided here is for reference only.  Although extreme
  care has been taken to ensure that the information provided is accurate
  and up-to-date, the HKMA does not warrant that all, or any part of, the
  information provided is accurate in all respects.  You are encouraged
  to conduct your own enquiries to verify any particular piece of
  information provided on it.  The HKMA shall not be liable for any loss
  or damage suffered as a result of any use or reliance on any of the
  information provided here.