Exchange Fund Notes Tender Results

Press Releases

20 May 2022

Exchange Fund Notes Tender Results

Tender date

:

20 May 2022

Paper on offer

:

EF Notes

Issue number

:

02Y2405

Issue date

:

23 May 2022

Maturity date

:

23 May 2024

Coupon

:

2.35% p.a.

Competitive Tender Result

 

 

Amount applied

:

HK$8,950 MN

Amount allotted

:

HK$1,200 MN

Average price accepted (yield)

:

100.16 (2.28 PCT)

Lowest price accepted (yield)

:

100.13 (2.30 PCT)

Pro rata ratio*

:

About 31 PCT

Average tender price (yield)

:

99.97 (2.38 PCT)

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

Amount applied

:

NIL

Amount allotted

:

NIL

Allotment Price (yield)

:

NIL

* “Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “lowest price accepted” level.

 

End/Friday, 20 May, 2022
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Last revision date : 20 May 2022