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 3-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB1902 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$4.0 billion 3-year Government Bonds were offered today. A total of HK$14.540 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.64. The average price accepted is 101.72, implying an annualised yield of 0.860%.
Hong Kong Monetary Authority
13 April 2016
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 |
: |
13 April 2016 |
Issue Number |
: |
05GB1902 (Re-open) |
Stock Code |
: |
4219 (HKGB 1.47 1902) |
Issue and Settlement Date |
: |
14 April 2016 |
Tenor |
: |
3-year |
Maturity Date |
: |
20 February 2019 |
Coupon Rate |
: |
1.47% |
|
|
|
Amount Applied |
: |
HK$14.540 billion |
Amount Allotted |
: |
HK$4.0 billion |
Bid-to-Cover Ratio* |
: |
3.64 |
Average Price Accepted (Yield) |
: |
101.72 (0.860%) |
Lowest Price Accepted (Yield) |
: |
101.63 (0.892%) |
Pro-rata Ratio |
: |
About 34% |
Average Tender Price (Yield) |
: |
101.43 (0.962%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
13 April 2016