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 for the re-opening of existing 5-Year Government Bond issue 05GB1612 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$1.5 billion 5-year Government Bonds were offered today. A total of HK$4.575 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.05. The average price accepted is 100.61, implying an annualised yield of 0.834%.
Hong Kong Monetary Authority
6 June 2012
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 | : | 6 June 2012 |
| Issue Number | : | 05GB1612 (Re-open) |
| Stock Code | : | 4211 (HKGB 0.97 1612) |
| Issue and Settlement Date | : | 7 June 2012 |
| Tenor | : | 5-year |
| Maturity Date | : | 8 December 2016 |
| Coupon Rate | : | 0.97% |
| Amount Applied | : | HK$4.575 billion |
| Amount Allotted | : | HK$1.5 billion |
| Bid-to-Cover Ratio* | : | 3.05 |
| Average Price Accepted (Yield) | : | 100.61 (0.834%) |
| Lowest Price Accepted (Yield) | : | 100.43 (0.874%) |
| Pro-rata Ratio | : | About 33% |
| Average Tender Price (Yield) | : | 100.37 (0.889 %) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
6 June 2012