Tender results of the 1-year HONIA-indexed Floating Rate Notes under the Institutional Bond Issuance Programme

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 1-year HONIA-indexed Floating Rate Notes (issue number 01GH2302) under the Institutional Bond Issuance Programme was held today (16 February).

A total of HK$1.0 billion 1-year HONIA-indexed Floating Rate Notes were allocated today.  A total of HK$4.919 billion tender applications were received.  The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 4.92.  The highest spread accepted is 0.05%. 

Hong Kong Monetary Authority
16 February 2022

HKSAR GOVERNMENT
INSTITUTIONAL BOND ISSUANCE PROGRAMME
GOVERNMENT BOND TENDER RESULTS
                                                                                                            

Tender results of 1-year HONIA-indexed Floating Rate Notes under the Institutional Bond Issuance Programme:-

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

Hong Kong Monetary Authority
16 February 2022