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The HKMA will invite tenders for the issuance of HK$1.2 billion two-year Exchange Fund Notes on November 24.
The HKMA announced that it will issue HK$1.2 billion of 2-year Exchange Fund Notes through tender on November 24, 2026, with settlement on November 25, to roll over the 2-year notes maturing on the same day. The notes will mature on November 27, 2028, carry an annual interest rate of 3.48%, and pay interest semi-annually. Of this issuance, HK$5 million will be made available for public non-competitive bids submitted through the Hong Kong Securities Clearing Company Limited.
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