Hong Kong Monetary Authority - Tender results of the 5-year Government Bonds under the Institutional Bond Issuance Programme

Press Releases

19 Feb 2014

Tender results of the 5-year Government Bonds under the Institutional Bond Issuance Programme

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (Wednesday) that tender for a 5-year Government Bond (issue number 05GB1902) under the Institutional Bond Issuance Programme was held today.

A total of HK$3.0 billion 5-year Government Bonds were offered today. A total of HK$7.973 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.66. The average price accepted is 98.98, implying an annualised yield of 1.692%.

Hong Kong Monetary Authority
19 February 2014

HKSAR GOVERNMENT
INSTITUTIONAL BOND ISSUANCE PROGRAMME
GOVERNMENT BOND TENDER RESULTS
_________________________________________________________________

Tender results of 5-year Government Bonds under the Institutional Bond Issuance Programme:-

Tender Date	:	19 February 2014
Issue Number	:	05GB1902
Stock Code	:	4219 (HKGB 1.47 1902)
Issue and Settlement Date	:	20 February 2014
Tenor	:	5-year
Maturity Date	:	20 February 2019
Coupon Rate	:	1.47%

Amount Applied	:	HK$7.973 billion
Amount Allotted	:	HK$3.0 billion
Bid-to-Cover Ratio*	:	2.66
Average Price Accepted (Yield)	:	98.98 (1.692%)
Lowest Price Accepted (Yield)	:	98.85 (1.718%)
Pro-rata Ratio	:	About 81%
Average Tender Price (Yield)	:	98.52 (1.789%)

* Calculated as the amount of bonds applied for over the amount of bonds issued.

Hong Kong Monetary Authority
19 February 2014

Latest Press Releases

View All View All