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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 that a tender for the re-opening of existing 5-Year Government Bond issue 05GB1612 under the Institutional Bond Issuance Programme was held today (June 6).
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%.
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 : June 6, 2012
Issue Number : 05GB1612 (Re-open)
Stock Code : 4211 (HKGB 0.97 1612)
Issue and Settlement Date : June 7, 2012
Tenor : 5-year
Maturity Date : December 8, 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.
Ends/Wednesday, June 6, 2012
Issued at HKT 12:03
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