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

Press Releases

11 Mar 2015

Tender results of the re-opening of 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 that a tender of 3-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB1802 under the Institutional Bond Issuance Programme was held today (Wednesday).

A total of HK$4.4 billion 3-year Government Bonds were offered today. A total of HK$15.863 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.61. The average price accepted is 98.84, implying an annualised yield of 1.021%.

Hong Kong Monetary Authority
11 March 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	:	11 March 2015
Issue Number	:	05GB1802 (Re-open)
Stock Code	:	4216 (HKGB 0.61 1802)
Issue and Settlement Date	:	12 March 2015
Tenor	:	3-year
Maturity Date	:	5 February 2018
Coupon Rate	:	0.61%

Amount Applied	:	HK$15.863 billion
Amount Allotted	:	HK$4.4 billion
Bid-to-Cover Ratio*	:	3.61
Average Price Accepted (Yield)	:	98.84 (1.021%)
Lowest Price Accepted (Yield)	:	98.70 (1.069%)
Pro-rata Ratio	:	About 1%
Average Tender Price (Yield)	:	98.61 (1.100%)

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

Hong Kong Monetary Authority
11 March 2015

Latest Press Releases

View All View All