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