The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 5-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB2912001) under the Infrastructure Bond Programme was held today (5 March).
A total of HK$1.5 billion 5-year Government Bonds were offered today. A total of HK$9.375 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.25. The average price accepted is 99.80, implying an annualised yield of 3.301%.
Hong Kong Monetary Authority
5 March 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year HKD HKSAR Institutional Government Bonds:-
Tender Date |
: |
5 March 2025 |
---|---|---|
Issue Number |
: |
05GB2912001 (Re-open) |
Stock Code |
: |
4284 (HKGB 3.23 2912) |
Issue and Settlement Date |
: |
6 March 2025 |
Tenor |
: |
5 years |
Maturity Date |
: |
5 December 2029 |
Coupon Rate |
: |
3.23% |
Amount Applied |
: |
HK$9.375 billion |
Amount Allotted |
: |
HK$1.5 billion |
Bid-to-Cover Ratio* |
: |
6.25 |
Average Price Accepted (Yield) |
: |
99.80 (3.301%) |
Lowest Price Accepted (Yield) |
: |
99.55 (3.360%) |
Pro-rata Ratio |
: |
About 51% |
Average Tender Price (Yield) |
: |
99.33 (3.412%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
5 March 2025