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