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 05GB2205) under the Institutional Bond Issuance Programme was held today.
A total of HK$2.5 billion 5-year Government Bonds were offered today. A total of HK$6.430 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.57. The average price accepted is 99.84, implying an annualised yield of 1.197%.
Hong Kong Monetary Authority
17 May 2017
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 |
: |
17 May 2017 |
Issue Number |
: |
05GB2205 |
Stock Code |
: |
4234 (HKGB 1.16 2205) |
Issue and Settlement Date |
: |
18 May 2017 |
Tenor |
: |
5-year |
Maturity Date |
: |
18 May 2022 |
Coupon Rate |
: |
1.16% |
|
|
|
Amount Applied |
: |
HK$6.430 billion |
Amount Allotted |
: |
HK$2.5 billion |
Bid-to-Cover Ratio* |
: |
2.57 |
Average Price Accepted (Yield) |
: |
99.84 (1.197%) |
Lowest Price Accepted (Yield) |
: |
99.56 (1.255%) |
Pro-rata Ratio |
: |
About 2% |
Average Tender Price (Yield) |
: |
99.20 (1.330%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
17 May 2017