Tender results of the re-opening of 5-year HKD HKSAR Institutional Government Bonds

Press Releases

05 Mar 2025

Tender results of the re-opening of 5-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 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

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Last revision date : 05 March 2025