Exchange Fund Notes Tender Results

Tender date

:

18 November 2016

Paper on offer

:

EF Notes

Issue number

:

02Y1811

Issue date

:

21 November 2016

Maturity date

:

21 November 2018

Coupon

0.55%

Competitive Tender Result

Amount applied

:

HK$4,105 MN

Amount allotted

:

HK$1,200 MN

Average price accepted (yield)

:

99.54 (0.78 PCT)

Lowest price accepted (yield)

:

99.46 (0.82 PCT)

Pro rata ratio

:

About 30 PCT

Average tender price (yield)

:

99.32 (0.90 PCT)

Non-competitive Tender Results (for applications submitted through Hong Kong Securities Clearing Company Limited)

Amount applied

:

0

Amount allotted

:

0

Allotment Price (yield)

:

NIL