Tender results of the five-year Government bond issue under the Institutional Bond Issuance Programme
The following is issued by the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces that the tender for a five-year issue of Government Bonds under the Institutional Bond Issuance Programme was held today (Monday).
A total of HK$2,000 million five-year Government Bonds were offered today. The Bonds were well-received by institutional investors. A total of HK$9,111 million tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.56. The average price accepted is 100.41, implying an annualised yield of 1.99%.
For further enquiries, please contact:
Alice Lo, Communications Chief, at 2878 1480 or
Natalie Wu, Officer (Communications), at 2878 8246
Hong Kong Monetary Authority
2 November 2009
HKSAR GOVERNMENT
INSTITUTIONAL BOND ISSUANCE PROGRAMME GOVERNMENT BOND TENDER RESULTS
Tender results of 5-year Government Bonds under the Institutional Bond Issuance Programme:-
Tender Date |
: |
2 November 2009 |
Issue Number |
: |
05GB1411 |
Stock Code |
: |
4202 (HKGB 2.07 1411) |
Issue and Settlement Date |
: |
3 November 2009 |
Tenor |
: |
5-year |
Maturity Date |
: |
3 November 2014 |
Coupon Rate |
: |
2.07% |
|
|
|
Amount Allotted |
: |
HK$2,000 million |
Bid-to-Cover Ratio* |
: |
4.56 |
Average Price Accepted (Yield) |
: |
100.41 (1.99%) |
Lowest Price Accepted (Yield) |
: |
100.23 (2.03%) |
Pro-rata Ratio |
: |
About 46% |
Average Tender Price (Yield) |
: |
100.12 (2.05%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
2 November 2009