Tender results of the re-opening of 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 a tender of 10-year Government Bonds through the re-opening of existing 15-year Government Bond issue 15GB3007 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$1.7 billion 15-year Government Bonds were offered today. A total of HK$4.508 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.65. The average price accepted is 112.97, implying an annualised yield of 0.790%.
Hong Kong Monetary Authority
17 June 2020
HKSAR GOVERNMENT INSTITUTIONAL BOND ISSUANCE PROGRAMME GOVERNMENT BOND TENDER RESULTS
Tender results of re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:-
Tender Date |
: |
17 June 2020 |
Issue Number |
: |
15GB3007 (Re-open) |
Stock Code |
: |
4227 (HKGB 2.13 3007) |
Issue and Settlement Date |
: |
18 June 2020 |
Tenor |
: |
10-year |
Maturity Date |
: |
16 July 2030 |
Coupon Rate |
: |
2.13% |
|
|
|
Amount Applied |
: |
HK$4.508 billion |
Amount Allotted |
: |
HK$1.7 billion |
Bid-to-Cover Ratio* |
: |
2.65 |
Average Price Accepted (Yield) |
: |
112.97 (0.790%) |
Lowest Price Accepted (Yield) |
: |
112.15 (0.870%) |
Pro-rata Ratio |
: |
About 67% |
Average Tender Price (Yield) |
: |
111.37 (0.947%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
17 June 2020