The bonds' five tranches raised HK$27bn, with the 30-year HKD infra bond being the longest tenor of a HKD-denominated government bond; the issuances are set to extend the HKD benchmark yield curve.
The Australian bond market has seen a record start to the year, with A$69bn being issued so far in 2025, with robust investor liquidity and tightened spreads.
The Asian Infrastructure Investment Bank is an anchor investor in SPV Bauhinia 2, which contains a $107m sustainability tranche; meanwhile, the Hong Kong Mortgage Corporation will have a new CEO in December.