Core Viewpoint - The Hong Kong Special Administrative Region government announced the issuance of green bonds and infrastructure bonds totaling approximately HKD 27 billion (USD 3.4 billion), with a total subscription amount of around HKD 237 billion, indicating a subscription multiple of approximately 3.3 to 12.5 times [1] Group 1 - The bonds will be issued in multiple currencies, including Hong Kong dollars, Renminbi, US dollars, and Euros [1] - This issuance includes a 30-year Hong Kong dollar bond, marking the first time the government has issued bonds with such a long maturity [1] - The bonds are expected to be settled on June 10 and will be listed on both the Hong Kong Stock Exchange and the London Stock Exchange [1]

Group 1 - The Hong Kong SAR government successfully priced approximately HKD 27 billion worth of green bonds and infrastructure bonds under its sustainable bond and infrastructure bond programs, covering multiple currencies including HKD, RMB, USD, and EUR [1] - The bonds are set to be settled on June 10 and will be listed on the Hong Kong Stock Exchange and the London Stock Exchange [1] - The issuance attracted global investors from over 30 markets, with total subscription amounting to approximately HKD 237 billion, representing a subscription rate of about 3.3 to 12.5 times the issuance amount [1] Group 2 - The issuance includes a 30-year HKD infrastructure bond with a yield of 3.85%, a 20-year RMB green bond with a yield of 2.60%, a 30-year RMB infrastructure bond with a yield of 2.70%, a 5-year USD green bond with a yield of 4.151%, and an 8-year EUR green bond with a yield of 3.155% [1] - The issuance of the 30-year HKD bond marks the first time the Hong Kong SAR government has issued such a long-term bond in HKD, contributing to the extension of the HKD benchmark yield curve [2] - The issuance aims to attract and guide market funds to support green projects and accelerate the development of infrastructure projects that benefit the economy and people's livelihoods [2]

财政部拟发行2025年记账式贴现（三十五期）国债。本期国债为期限182天的贴现债。本期国债竞争性 招标面值总额550亿元，进行甲类成员追加投标。本期国债发行价格通过竞争性招标确定，以低于票面 金额的价格贴现发行。 ...

河南发行7年期一般债地方债，规模130.5821亿元，发行利率1.6800%，边际倍数1.75倍，倍数预期 1.88。 ...

Core Viewpoint - The Ministry of Finance of China issued a 7-year bond with a scale of 105 billion yuan, indicating strong demand in the bond market [1] Summary by Relevant Categories Bond Issuance Details - The bond issuance was sized at 105 billion yuan, with an issuance interest rate of 1.6360% [1] - The marginal interest rate was set at 1.6714%, slightly above the expected rate of 1.6700% [1] - The bidding multiple was recorded at 3.32 times, demonstrating robust investor interest [1] - The marginal multiple reached 13.53 times, indicating a high level of demand for the bond [1]

Core Points - The Ministry of Finance of China issued 28-day bonds with a scale of 40 billion yuan, an issuance rate of 1.2918%, and a marginal rate of 1.3571%, with expected rates at 1.3900% and a bid-to-cover ratio of 2.96 times, and a marginal bid ratio of 2.09 times [1] - The Ministry of Finance of China issued 63-day bonds with a scale of 40 billion yuan, an issuance rate of 1.3531%, and a marginal rate of 1.4055%, with expected rates at 1.4000% and a bid-to-cover ratio of 2.73 times, and a marginal bid ratio of 494.00 times [1] - The Ministry of Finance of China issued 91-day bonds with a scale of 40 billion yuan, an issuance rate of 1.3603%, and a marginal rate of 1.3926%, with expected rates at 1.4000% and a bid-to-cover ratio of 3.13 times, and a marginal bid ratio of 1.03 times [1]

河北发行10年期一般债地方债，规模83.9200亿元，发行利率1.7500%，边际倍数1.05倍，倍数预期 1.92。 ...

Group 1 - Alma íbúðafélag hf. is conducting a closed offering on June 5, 2025, for three-month and six-month unsecured bonds, with a nominal value of 20 million ISK each [1][2] - The offering will be managed by Arctica Finance hf. and will utilize a Dutch auction method, where all accepted bids will be offered to investors at the highest accepted flat rates [1] - The results of the offering will be publicly announced no later than the next business day after the offering [2] Group 2 - The offering is exempt from the requirement for a prospectus under EU Regulation No. 2017/1129 and Icelandic law No. 14/2020 [3] - This announcement is for informational purposes only and does not constitute an offer to purchase or subscribe for the company's securities [4] - Further details regarding the bond issuance can be found on the company's website [4]

Core Viewpoint - The New York City Comptroller Brad Lander has expressed strong opposition to Mayor Eric Adams' proposal to issue Bitcoin-backed municipal bonds, stating that the volatility of cryptocurrencies is insufficient to fund the city's infrastructure, affordable housing, or schools [1] Summary by Relevant Categories Municipal Bonds - Lander, who co-manages the bond issuance with the Mayor's Office of Management and Budget, declared that during his tenure, the city will not issue Bitcoin-backed bonds [1] Cryptocurrency Concerns - Lander emphasized that opening the city's capital planning to cryptocurrencies could expose the city to new risks and undermine bondholders' trust in the city [1]

美国财政部拍卖两年期浮息国债（FRNS），贴现利率0.144%（4月23日报0.160%），投标倍数2.95（前 次为2.69）。 ...