Tender results of the 15-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 tender for a 15-year Government Bond (issue number 15GB3403) under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$0.8 billion 15-year Government Bonds were allocated today. A total of HK$2.841 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.55. The average price accepted is 113.80, implying an annualised yield of 0.965%.
Hong Kong Monetary Authority
11 March 2020
HKSAR GOVERNMENT INSTITUTIONAL BOND ISSUANCE PROGRAMME GOVERNMENT BOND TENDER RESULTS
Tender results of 15-year Government Bonds under the Institutional Bond Issuance Programme:-
Tender Date |
: |
11 March 2020 |
Issue Number |
: |
15GB3403 |
Stock Code |
: |
4237 (HKGB 2.02 3403) |
Issue and Settlement Date |
: |
12 March 2020 |
Tenor |
: |
15-year |
Maturity Date |
: |
7 March 2034 |
Coupon Rate |
: |
2.02% |
|
|
|
Amount Applied |
: |
HK$2.841 billion |
Amount Allotted |
: |
HK$0.8 billion |
Bid-to-Cover Ratio* |
: |
3.55 |
Average Price Accepted (Yield) |
: |
113.80 (0.965%) |
Lowest Price Accepted (Yield) |
: |
113.32 (1.000%) |
Pro-rata Ratio |
: |
About 36% |
Average Tender Price (Yield) |
: |
112.61 (1.051%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
11 March 2020