Tender results of 15-year HKD HKSAR Institutional Government Bonds

Press Releases

04 Dec 2024

Tender results of 15-year HKD HKSAR Institutional Government Bonds

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 15-year HKD institutional Government Bonds (issue number 15GB3912001) under the Infrastructure Bond Programme was held today (4 December).

A total of HK$0.5 billion 15-year Government Bonds were offered today. A total of HK$2.264 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.53. The average price accepted is 101.79, implying an annualised yield of 3.627%.

 

Hong Kong Monetary Authority
4 December 2024

 

HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 15-year HKD HKSAR Institutional Government Bonds:-

Tender Date

:

4 December 2024

Issue Number

:

15GB3912001

Stock Code

:

4287 (HKGB 3.75 3912)

Issue and Settlement Date

:

5 December 2024

Tenor

:

15 years

Maturity Date

:

5 December 2039

Coupon Rate

:

3.75%

Amount Applied

:

HK$2.264 billion

Amount Allotted

:

HK$0.5 billion

Bid-to-Cover Ratio*

:

4.53

Average Price Accepted (Yield)

:

101.79 (3.627%)

Lowest Price Accepted (Yield)

:

101.30 (3.670%)

Pro-rata Ratio

:

About 10%

Average Tender Price (Yield)

:

98.94 (3.881%)

* Calculated as the amount of bonds applied for over the amount of bonds issued.

 

Hong Kong Monetary Authority
4 December 2024

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Last revision date : 04 December 2024