The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (Monday) that tender for a 5-year Government Bond (issue number 05GB1802) under the Institutional Bond Issuance Programme was held today (Monday).
A total of HK$2.0 billion 5-year Government Bonds were offered today. A total of HK$5.965 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.98. The average price accepted is 98.65, implying an annualised yield of 0.890%.
Hong Kong Monetary Authority
4 February 2013
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 |
: |
4 February 2013 |
Issue Number |
: |
05GB1802 |
Stock Code |
: |
4216 (HKGB 0.61 1802) |
Issue and Settlement Date |
: |
5 February 2013 |
Tenor |
: |
5-year |
Maturity Date |
: |
5 February 2018 |
Coupon Rate |
: |
0.61% |
|
|
|
Amount Applied |
: |
HK$5.965 billion |
Amount Allotted |
: |
HK$2.0 billion |
Bid-to-Cover Ratio* |
: |
2.98 |
Average Price Accepted (Yield) |
: |
98.65 (0.890%) |
Lowest Price Accepted (Yield) |
: |
98.50 (0.920%) |
Pro-rata Ratio |
: |
About 40% |
Average Tender Price (Yield) |
: |
98.24 (0.975%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
4 February 2013