Guangdong Province successfully issued 2026 offshore RMB local government bonds in Hong Kong worth 7.5 billion yuan
Quick Look
- The Guangdong Provincial Department of Finance announced that it successfully issued 7.5 billion yuan of 2026 offshore RMB local government bonds in the Hong Kong Special Administrative Region on September 3.
- The varieties include 3-year, 5-year (green and blue sustainable development bonds) and 10-year bonds.
- The funds raised will be used for green and blue sustainable development projects, major water conservancy projects and major strategic platform projects in Nansha.
AI-generated summary
Why It Matters
This is the third consecutive year that Guangdong Province has issued local government bonds in Hong Kong and listed them on the Hong Kong Stock Exchange, continuing to promote the interconnection of the financial markets in the Guangdong-Hong Kong-Macao Greater Bay Area.
China News Service, Guangzhou, September 3 (Reporter Xu Qingqing) According to the Guangdong Provincial Department of Finance on the evening of the 3rd, on that day, Guangdong Province successfully issued 7.5 billion yuan of offshore RMB local government bonds in the Hong Kong Special Administrative Region in 2026. This is the third consecutive year that Guangdong Province has issued local government bonds in Hong Kong and listed them on the Hong Kong Stock Exchange, continuing to promote the interconnection of the financial markets in the Guangdong-Hong Kong-Macao Greater Bay Area.
It is understood that the bond terms issued this time are divided into 3-year, 5-year (green and blue sustainable development bonds), and 10-year bonds. The 3-year issuance scale is 2.6 billion yuan, with a pricing interest rate of 1.42%; the 5-year issuance scale is 3.5 billion yuan, with a pricing interest rate of 1.52%; the 10-year issuance scale is 1.4 billion yuan, with a pricing interest rate of 1.82%. The funds raised are mainly used for green and blue sustainable development bond projects, major water conservancy project facilities, and Nansha major strategic platform projects.
The department stated that the issuance work fully complied with international market rules and received widespread attention and enthusiastic subscriptions from investors. The bond bookkeeping pricing attracted accounts from Singapore, Japan, Hong Kong, China, Macau, China, and other countries and regions to place orders for subscriptions. The types of investors include policy banks, commercial banks, life insurance institutions, funds, asset management, etc. The peak order size of bookkeeping pricing exceeded 64 billion yuan, and the order multiple exceeded 8.5 times. (over)
What to Watch
AI outlook — possibilities, not facts
Guangdong Province will continue to issue offshore RMB local government bonds in Hong Kong to support the construction of the Greater Bay Area and the internationalization of the RMB
Likely · Within months
Open Questions
- Which specific green and blue sustainable development projects will receive financial support?
- What are the details and timetable of Nansha’s major strategic platform project?
- Will this issuance affect the frequency and scale of offshore bond issuance in Guangdong Province in the future?






