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 (Wednesday) that tender for a 5-year Government Bond (issue number 05GB2011) under the Institutional Bond Issuance Programme was held today.
A total of HK$3.0 billion 5-year Government Bonds were offered today. A total of HK$6.070 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.02. The average price accepted is 98.37, implying an annualised yield of 1.252%.
Hong Kong Monetary Authority
4 November 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 November 2015 |
Issue Number |
: |
05GB2011 |
Stock Code |
: |
4229 (HKGB 0.91 2011) |
Issue and Settlement Date |
: |
5 November 2015 |
Tenor |
: |
5-year |
Maturity Date |
: |
5 November 2020 |
Coupon Rate |
: |
0.91% |
|
|
|
Amount Applied |
: |
HK$6.070 billion |
Amount Allotted |
: |
HK$3.0 billion |
Bid-to-Cover Ratio* |
: |
2.02 |
Average Price Accepted (Yield) |
: |
98.37 (1.252%) |
Lowest Price Accepted (Yield) |
: |
97.98 (1.333%) |
Pro-rata Ratio |
: |
About 62% |
Average Tender Price (Yield) |
: |
97.83 (1.366%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
4 November 2015