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 RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB2912002) under the Infrastructure Bond Programme was held today (6 March).
A total of RMB1.5 billion 5-year Government Bonds were offered today. A total of RMB5.180 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.45. The average price accepted is 100.13, implying an annualised yield of 2.354%.
Hong Kong Monetary Authority
6 March 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year RMB HKSAR Institutional Government Bonds:-
Tender Date |
: |
6 March 2025 |
---|---|---|
Issue Number |
: |
05GB2912002 (Re-open) |
Stock Code |
: |
84596 (HKGB2.37 2912-R) |
Issue and Settlement Date |
: |
10 March 2025 |
Tenor |
: |
5 years |
Maturity Date |
: |
10 December 2029 |
Coupon Rate |
: |
2.37% |
Amount Applied |
: |
RMB5.180 billion |
Amount Allotted |
: |
RMB1.5 billion |
Bid-to-Cover Ratio* |
: |
3.45 |
Average Price Accepted (Yield) |
: |
100.13 (2.354%1) |
Lowest Price Accepted (Yield) |
: |
99.91 (2.404%1) |
Pro-rata Ratio |
: |
About 7% |
Average Tender Price (Yield) |
: |
99.75 (2.440%1) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
6 March 2025