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 HKD institutional Government Bonds (issue number 05GB3005002) under the Infrastructure Bond Programme was held today (14 May).
A total of HK$3.0 billion 5-year Government Bonds were offered today. A total of HK$9.2845 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.09. The average price accepted is 101.07, implying an annualised yield of 2.488%.
Hong Kong Monetary Authority
14 May 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year HKD HKSAR Institutional Government Bonds:-
Tender Date |
: |
14 May 2025 |
---|---|---|
Issue Number |
: |
05GB3005002 |
Stock Code |
: |
4293 (HKGB 2.70 3005) |
Issue and Settlement Date |
: |
15 May 2025 |
Tenor |
: |
5 years |
Maturity Date |
: |
15 May 2030 |
Coupon Rate |
: |
2.70% |
Amount Applied |
: |
HK$9.2845 billion |
Amount Allotted |
: |
HK$3.0 billion |
Bid-to-Cover Ratio* |
: |
3.09 |
Average Price Accepted (Yield) |
: |
101.07 (2.488%) |
Lowest Price Accepted (Yield) |
: |
100.55 (2.599%) |
Pro-rata Ratio |
: |
About 27% |
Average Tender Price (Yield) |
: |
100.38 (2.636%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
14 May 2025