The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces that a tender of 3-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB1902 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$4.2 billion 3-year Government Bonds were offered today. A total of HK$11.780 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.80. The average price accepted is 102.25, implying an annualised yield of 0.792%.
Hong Kong Monetary Authority
7 October 2015
HKSAR GOVERNMENT
INSTITUTIONAL BOND ISSUANCE PROGRAMME
GOVERNMENT BOND TENDER RESULTS
Tender results of re-opening of 5-year Government Bonds under the Institutional Bond Issuance Programme:-
Tender Date |
: |
7 October 2015 |
Issue Number |
: |
05GB1902 (Re-open) |
Stock Code |
: |
4219 (HKGB 1.47 1902) |
Issue and Settlement Date |
: |
8 October 2015 |
Tenor |
: |
3-year |
Maturity Date |
: |
20 February 2019 |
Coupon Rate |
: |
1.47% |
|
|
|
Amount Applied |
: |
HK$11.780 billion |
Amount Allotted |
: |
HK$4.2 billion |
Bid-to-Cover Ratio* |
: |
2.80 |
Average Price Accepted (Yield) |
: |
102.25 (0.792%) |
Lowest Price Accepted (Yield) |
: |
102.06 (0.850%) |
Pro-rata Ratio |
: |
About 23% |
Average Tender Price (Yield) |
: |
101.87 (0.906%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
7 October 2015