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The filter bank multicarrier with offset quadrature amplitude modulation (FBMC/OQAM) is being studied by many researchers as a key enabler for the fifth-generation air interface. In this paper, a hybrid peak-to-average power ratio (PAPR) reduction scheme is proposed for FBMC/OQAM signals by utilizing multi data block partial transmit sequence (PTS) and tone reservation (TR). In the hybrid PTS-TR scheme, the data blocks signal is divided into several segments, and the number of data blocks in each segment is determined by the overlapping factor. In each segment, we select the optimal data block to transmit and jointly consider the adjacent overlapped data block to achieve minimum signal power. Then, the peak reduction tones are utilized to cancel the peaks of the segment FBMC/OQAM signals. Simulation results and analysis show that the proposed hybrid PTS-TR scheme could provide better PAPR …