China's Ministry of Finance listed the first batch of RMB sovereign bonds for 2026 in Hong Kong today. The issuance consists of five bonds with a total value of 14 billion yuan. The bonds cover multiple maturities, including 2-year (4 billion yuan), 3-year (4 billion yuan), 5-year (3 billion yuan), 10-year (2 billion yuan), and 30-year (1 billion yuan) tenors, providing investors with a diverse range of options.

The offshore RMB bond market has remained highly active in recent years, with total issuance volumes repeatedly reaching new highs and marking an eighth consecutive year of growth. In 2025, RMB bonds accounted for approximately one-third of all new bond listings on the Hong Kong Exchange, raising a total of 230 billion yuan throughout the year. To date, the number of RMB-denominated bonds listed on the Hong Kong Exchange has surpassed 300.

The Hong Kong Exchange will continue to expand and enhance its related platforms and services to attract more RMB-denominated bonds to be issued and listed in Hong Kong.