Tender results of the re-opening of 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 that a tender of 5-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB2002 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$3.2 billion 5-year Government Bonds were offered today. A total of HK$9.705 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.03. The average price accepted is 99.60, implying an annualised yield of 1.149%.
Hong Kong Monetary Authority
15 April 2015
HKSAR GOVERNMENT INSTITUTIONAL BOND ISSUANCE PROGRAMME GOVERNMENT BOND TENDER RESULTS
Tender results of re-opening of 5-year Government Bonds under the Institutional Bond Issuance Programme:-
Tender Date |
: |
15 April 2015 |
Issue Number |
: |
05GB2002 (Re-open) |
Stock Code |
: |
4225 (HKGB 1.06 2002) |
Issue and Settlement Date |
: |
16 April 2015 |
Tenor |
: |
5-year |
Maturity Date |
: |
5 February 2020 |
Coupon Rate |
: |
1.06% |
|
|
|
Amount Applied |
: |
HK$9.705 billion |
Amount Allotted |
: |
HK$3.2 billion |
Bid-to-Cover Ratio* |
: |
3.03 |
Average Price Accepted (Yield) |
: |
99.60 (1.149%) |
Lowest Price Accepted (Yield) |
: |
99.51 (1.168%) |
Pro-rata Ratio |
: |
About 22% |
Average Tender Price (Yield) |
: |
99.36 (1.201%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
15 April 2015