The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces that a tender of 10-year Government Bonds through the re-opening of existing 15-year Government Bond issue 15GB3007 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$1.7 billion 15-year Government Bonds were offered today. A total of HK$5.336 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.14. The average price accepted is 110.07, implying an annualised yield of 1.012%.
Hong Kong Monetary Authority
3 February 2021
HKSAR GOVERNMENT
INSTITUTIONAL BOND ISSUANCE PROGRAMME
GOVERNMENT BOND TENDER RESULTS
Tender results of re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:-
Tender Date |
: |
3 February 2021 |
---|---|---|
Issue Number |
: |
15GB3007 (Re-open) |
Stock Code |
: |
4227 (HKGB 2.13 3007) |
Issue and Settlement Date |
: |
4 February 2021 |
Tenor |
: |
10-year |
Maturity Date |
: |
16 July 2030 |
Coupon Rate |
: |
2.13% |
|
|
|
Amount Applied |
: |
HK$5.336 billion |
Amount Allotted |
: |
HK$1.7 billion |
Bid-to-Cover Ratio* |
: |
3.14 |
Average Price Accepted (Yield) |
: |
110.07 (1.012%) |
Lowest Price Accepted (Yield) |
: |
109.62 (1.060%) |
Pro-rata Ratio |
: |
About 36% |
Average Tender Price (Yield) |
: |
109.23 (1.102%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
3 February 2021