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The following is issued on behalf of 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 (October 21) that a tender of 5-year Government Bonds (Bonds) under the Institutional Bond Issuance Programme will be held on Monday, November 2, 2009, for settlement on Tuesday, November 3, 2009.
A total of HK$2,000 million 5-year Bonds will be tendered. The Bonds will mature on November 3, 2014 and will carry interest at the rate of 2.07% per annum payable semi-annually in arrears.
Under the Institutional Bond Issuance Programme, tender is open only to Recognised Dealers which are appointed as Primary Dealers. Any tender applications for the Bonds must be submitted through a Primary Dealer on the current published list, which can be obtained from the Government Bond Programme's website at http://www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender results will be published on the HKMA's website, the Government Bond Programme's website, the Reuters screen (HKGBINDEX), and Bloomberg not later than 3pm on the tender day.
HKSAR GOVERNMENT
INSTITUTIONAL BOND ISSUANCE PROGRAMME
TENDER INFORMATION
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Tender information of 5-Year Government Bonds under
the Institutional Bond Issuance Programme:-
Issue Number : 05GB1411
Stock code : 4202 (HKGB 2.07 1411)
Tender Date and Time : Monday, November 2, 2009
9.30am to 10.30am
Issue and Settlement Date: Tuesday, November 3, 2009
Amount on Offer : HK$2,000 million
Maturity : Five years
Maturity Date : November 3, 2014
Interest Rate : 2.07% p.a.
Interest Payment Dates : May 3, 2010
November 3, 2010
May 3, 2011
November 3, 2011
May 3, 2012
November 5, 2012
May 3, 2013
November 4, 2013
May 5, 2014
November 3, 2014
Method of Tender : Competitive tender
Tender Amount : Each competitive tender
must be for an amount of
HK$50,000 or integral
multiples thereof. Any
tender applications for
the Bonds must be
submitted through a
Primary Dealer on the
current published list.
Other details : Please see Information
Memorandum available on
the Government Bond
Programme's website at
http://www.hkgb.gov.hk
or approach Primary
Dealers.
Expected commencement
date of dealing on
the Stock Exchange of
Hong Kong Limited : November 4, 2009
Price/Yield Table of the new Government Bonds at tender for reference* only:
Yield-to-Maturity Price Yield-to-Maturity Price
1.07 104.87 2.07 100.05
1.12 104.62 2.12 99.82
1.17 104.38 2.17 99.58
1.22 104.13 2.22 99.35
1.27 103.88 2.27 99.12
1.32 103.64 2.32 98.89
1.37 103.39 2.37 98.66
1.42 103.15 2.42 98.43
1.47 102.91 2.47 98.20
1.52 102.67 2.52 97.97
1.57 102.43 2.57 97.74
1.62 102.18 2.62 97.52
1.67 101.94 2.67 97.29
1.72 101.71 2.72 97.06
1.77 101.47 2.77 96.84
1.82 101.23 2.82 96.61
1.87 100.99 2.87 96.39
1.92 100.76 2.92 96.17
1.97 100.52 2.97 95.94
2.02 100.28 3.02 95.72
2.07 100.05 3.07 95.50
* Disclaimer
The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
Ends/Wednesday, October 21, 2009
Issued at HKT 18:06
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