The Ministry of Finance announced on April 15 that it will issue renminbi-denominated sovereign bonds in Hong Kong this month, with a total value of 15.5 billion yuan. According to the ministry's announcement, under the relevant work arrangements, the second tranche of renminbi government bonds for 2026 will be issued in Hong Kong on April 22. The issuance size is set at 15.5 billion yuan, with specific details to be published on the Hong Kong Monetary Authority's Central Moneymarkets Unit (CMU) system.

On February 11, the Ministry of Finance issued the first tranche of 2026 renminbi sovereign bonds in Hong Kong, targeting institutional investors through a bidding process. The issuance, totaling 14 billion yuan, was met with strong investor demand, achieving a bid-to-cover ratio of 3.94 times. The first tranche included 4 billion yuan with a 2-year maturity and a coupon rate of 1.38%, 4 billion yuan with a 3-year maturity at 1.40%, 3 billion yuan with a 5-year maturity at 1.57%, 2 billion yuan with a 10-year maturity at 1.87%, and 1 billion yuan with a 30-year maturity carrying a coupon of 2.35%.