Tender results of the 5-year Government Bonds 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 today (Monday) that tender for a 5-year Government Bond (issue number 05GB1802) under the Institutional Bond Issuance Programme was held today.
A total of HK$2.0 billion 5-year Government Bonds were offered today. A total of HK$5.965 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.98. The average price accepted is 98.65, implying an annualised yield of 0.890%.
Hong Kong Monetary Authority
4 February 2013
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 | : | 4 February 2013 |
| Issue Number | : | 05GB1802 |
| Stock Code | : | 4216 (HKGB 0.61 1802) |
| Issue and Settlement Date | : | 5 February 2013 |
| Tenor | : | 5-year |
| Maturity Date | : | 5 February 2018 |
| Coupon Rate | : | 0.61% |
| Amount Applied | : | HK$5.965 billion |
| Amount Allotted | : | HK$2.0 billion |
| Bid-to-Cover Ratio* | : | 2.98 |
| Average Price Accepted (Yield) | : | 98.65 (0.890%) |
| Lowest Price Accepted (Yield) | : | 98.50 (0.920%) |
| Pro-rata Ratio | : | About 40% |
| Average Tender Price (Yield) | : | 98.24 (0.975%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
4 February 2013