Tender results of 1-year HONIA-indexed Floating Rate Notes
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), announced that a tender for 1-year HONIA-indexed Floating Rate Notes (issue number 01GH2608001) under the Infrastructure Bond Programme was held today (13 August).
A total of HK$1.5 billion 1-year HONIA-indexed Floating Rate Notes were offered today. A total of HK$2.131 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 1.42. The highest spread accepted is 0.50%.
Hong Kong Monetary Authority
14 August 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 1-year HONIA-indexed Floating Rate Notes:-
|
Tender Date |
: |
13 August 2025 |
|
Issue Number |
: |
01GH2608001 |
|
Stock Code |
: |
4295 (HKGB FRN 2608) |
|
Issue and Settlement Date |
: |
14 August 2025 |
|
Tenor |
: |
1 year |
|
Maturity Date |
: |
14 August 2026 |
|
Amount Applied |
: |
HK$2.131 billion |
|
Amount Allotted |
: |
HK$1.5 billion |
|
Bid-to-Cover Ratio* |
: |
1.42 |
|
Highest Spread Accepted |
: |
0.50% |
|
Average Spread Accepted |
: |
0.22% |
|
Pro-rata Ratio |
: |
About 42% |
|
Average Tender Spread |
: |
0.37% |
* Calculated as the amount of notes applied for over the amount of notes issued.
Hong Kong Monetary Authority
13 August 2025