Tender results of the 5-year Government Bond 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 (Wednesday) that tender for a 5-year Government Bond (issue number 05GB2002) under the Institutional Bond Issuance Programme was held today.
A total of HK$1.5 billion 5-year Government Bonds were offered today. A total of HK$5.605 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.74. The average price accepted is 99.19, implying an annualised yield of 1.231%.
Hong Kong Monetary Authority
4 February 2015
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 2015 |
Issue Number |
: |
05GB2002 |
Stock Code |
: |
4225 (HKGB 1.06 2002) |
Issue and Settlement Date |
: |
5 February 2015 |
Tenor |
: |
5-year |
Maturity Date |
: |
5 February 2020 |
Coupon Rate |
: |
1.06% |
|
|
|
Amount Applied |
: |
HK$5.605 billion |
Amount Allotted |
: |
HK$1.5 billion |
Bid-to-Cover Ratio* |
: |
3.74 |
Average Price Accepted (Yield) |
: |
99.19 (1.231%) |
Lowest Price Accepted (Yield) |
: |
99.10 (1.250%) |
Pro-rata Ratio |
: |
About 10% |
Average Tender Price (Yield) |
: |
98.89 (1.295%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
4 February 2015