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

Press Releases

15 Apr 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 5-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB2002 under the Institutional Bond Issuance Programme was held today (Wednesday).  

A total of HK$3.2 billion 5-year Government Bonds were offered today.  A total of HK$9.705 billion tender applications were received.  The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.03.  The average price accepted is 99.60, implying an annualised yield of 1.149%. 

 

Hong Kong Monetary Authority
15 April 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 

:

15 April 2015

Issue Number 

:

05GB2002 (Re-open)

Stock Code 

:

4225 (HKGB 1.06 2002)

Issue and Settlement Date 

:

16 April 2015

Tenor 

:

5-year

Maturity Date 

:

5 February 2020

Coupon Rate 

:

1.06%

 

 

 

Amount Applied 

:

HK$9.705 billion

Amount Allotted 

:

HK$3.2 billion

Bid-to-Cover Ratio*

:

3.03 

Average Price Accepted (Yield)

:

99.60 (1.149%)

Lowest Price Accepted (Yield) 

:

99.51 (1.168%)

Pro-rata Ratio

:

About 22% 

Average Tender Price (Yield) 

:

99.36 (1.201%)

 

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

 

Hong Kong Monetary Authority
15 April 2015

 

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Last revision date : 15 April 2015