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

The Hong Kong Monetary Authority, 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 01GH2402) under the Institutional Bond Issuance Programme was held today (15 February).

A total of HK$1.5 billion 1-year HONIA-indexed Floating Rate Notes were allocated today. A total of HK$3.780 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 2.52. The highest spread accepted is 0.43%. 

Hong Kong Monetary Authority
15 February 2023

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
15 February 2023