Tender results of 5-year RMB HKSAR Institutional Government Bonds

Press Releases

05 Dec 2024

Tender results of 5-year RMB 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 5-year RMB institutional Government Bonds (issue number 05GB2912002) under the Infrastructure Bond Programme was held today (5 December).

A total of RMB1.0 billion 5-year Government Bonds were offered today. A total of RMB3.028 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.03. The average price accepted is 100.60, implying an annualised yield of 2.255%.

 

Hong Kong Monetary Authority
5 December 2024

 

HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 5-year RMB HKSAR Institutional Government Bonds:-

Tender Date

:

5 December 2024

Issue Number

:

05GB2912002

Stock Code

:

84596 (HKGB2.37 2912-R)

Issue and Settlement Date

:

9 December 2024

Tenor

:

5 years

Maturity Date

:

10 December 2029

Coupon Rate

:

2.37%

Amount Applied

:

RMB3.028 billion

Amount Allotted

:

RMB1.0 billion

Bid-to-Cover Ratio*

:

3.03

Average Price Accepted (Yield)

:

100.60 (2.255%)

Lowest Price Accepted (Yield)

:

100.40 (2.298%)

Pro-rata Ratio

:

About 1%

Average Tender Price (Yield)

:

100.18 (2.345%)

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

 

Hong Kong Monetary Authority
5 December 2024

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Last revision date : 05 December 2024