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 today (Wednesday) that tender for a 15-year Government Bond (issue number 15GB3403) under the Institutional Bond Issuance Programme was held today.
A total of HK$0.6 billion 15-year Government Bonds were offered today. A total of HK$3.136 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 5.23. The average price accepted is 98.88, implying an annualised yield of 2.118%.
Hong Kong Monetary Authority
6 March 2019
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 |
: |
6 March 2019 |
Issue Number |
: |
15GB3403 |
Stock Code |
: |
4237 (HKGB 2.02 3403) |
Issue and Settlement Date |
: |
7 March 2019 |
Tenor |
: |
15-year |
Maturity Date |
: |
7 March 2034 |
Coupon Rate |
: |
2.02% |
|
|
|
Amount Applied |
: |
HK$3.136 billion |
Amount Allotted |
: |
HK$0.6 billion |
Bid-to-Cover Ratio* |
: |
5.23 |
Average Price Accepted (Yield) |
: |
98.88 (2.118%) |
Lowest Price Accepted (Yield) |
: |
98.73 (2.131%) |
Pro-rata Ratio |
: |
About 60% |
Average Tender Price (Yield) |
: |
94.38 (2.486%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
6 March 2019