The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 5-year HKD institutional Government Bonds (issue number 05GB2912001) under the Infrastructure Bond Programme was held today (4 December).
A total of HK$3.0 billion 5-year Government Bonds were offered today. A total of HK$9.734 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.24. The average price accepted is 100.35, implying an annualised yield of 3.179%.
Hong Kong Monetary Authority
4 December 2024
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year HKD HKSAR Institutional Government Bonds:-
| Tender Date | : | 4 December 2024 | 
|---|---|---|
| Issue Number | : | 05GB2912001 | 
| Stock Code | : | 4284 (HKGB 3.23 2912) | 
| Issue and Settlement Date | : | 5 December 2024 | 
| Tenor | : | 5 years | 
| Maturity Date | : | 5 December 2029 | 
| Coupon Rate | : | 3.23% | 
| Amount Applied | : | HK$9.734 billion | 
| Amount Allotted | : | HK$3.0 billion | 
| Bid-to-Cover Ratio* | : | 3.24 | 
| Average Price Accepted (Yield) | : | 100.35 (3.179%) | 
| Lowest Price Accepted (Yield) | : | 100.03 (3.249%) | 
| Pro-rata Ratio | : | About 32% | 
| Average Tender Price (Yield) | : | 99.15 (3.445%) | 
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
4 December 2024