The Ministry of Finance announced that on August 5, the People's Republic of China Ministry of Finance conducted a tender for institutional investors in the Hong Kong Special Administrative Region, issuing the fourth tranche of RMB 15 billion in sovereign bonds for 2026, which was well-received by investors with a subscription ratio of 4.67 times.

Of this issuance, RMB 5 billion in 2-year bonds were offered at a yield of 1.27%; RMB 4 billion in 3-year bonds at a yield of 1.30%; RMB 4 billion in 5-year bonds at a yield of 1.43%; RMB 1 billion in 15-year bonds at a yield of 1.99%; and RMB 1 billion in 30-year bonds at a yield of 2.24%.