Exchange Fund Notes Tender Results

Press Releases

21 Aug 2024

Exchange Fund Notes Tender Results

Tender date

:

21 August 2024

Paper on offer

:

EF Notes

Issue number

:

02Y2608

Issue date

:

22 August 2024

Maturity date

:

24 August 2026

Coupon

:

2.77% p.a.

Competitive Tender Result

Amount applied

:

HK$5,010 MN

Amount allotted

:

HK$1,200 MN

Average price accepted (yield)

:

99.91 (2.84 PCT)

Lowest price accepted (yield)

:

99.80 (2.89 PCT)

Pro rata ratio*

:

About 16 PCT

Average tender price (yield)

:

99.70 (2.95 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*

:

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/Wednesday, 21 August, 2024

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Last revision date : 21 August 2024