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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 (January 25) that a tender of 5-year Government Bonds (Bonds) under the Institutional Bond Issuance Programme will be held on February 4 (Monday), for settlement on February 5 (Tuesday).
A total of HK$2 billion 5-year Bonds will be tendered. The Bonds will mature on February 5, 2018 and will carry interest at the rate of 0.61% 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. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the current published list, which can be obtained from the Government Bond Programme's website at 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, Government Bond Programme's website, the Reuters screen (HKGBINDEX), and Bloomberg (GBHK <GO>) not later than 3pm on the tender day.
HKSAR Government Institutional Bond Issuance Programme tender information
Tender information of 5-year Government Bonds under the Institutional Bond Issuance Programme:
Issue Number : 05GB1802
Stock code : 4216 (HKGB 0.61 1802)
Tender Date and Time : February 4, 2013 (Monday)
9.30am to 10.30am
Issue and Settlement
Date : February 5, 2013 (Tuesday)
Amount on Offer : HK$2 billion
Maturity : Five years
Maturity Date : February 5, 2018
Interest Rate : 0.61% p.a., payable
semi-annually in arrears
Interest Payment Dates : August 5, 2013
February 5, 2014
August 5, 2014
February 5, 2015
August 5, 2015
February 5, 2016
August 5, 2016
February 6, 2017
August 7, 2017
February 5, 2018
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 www.hkgb.gov.hk or
approach Primary Dealers.
Expected commencement: February 6, 2013
date of dealing on
the Stock Exchange
of Hong Kong Limited
Price/Yield Table of the new Government Bonds at tender for reference* only:
Yield-to- Price Yield-to- Price
Maturity Maturity
-0.39 105.06 0.61 100.00
-0.34 104.80 0.66 99.76
-0.29 104.54 0.71 99.52
-0.24 104.28 0.76 99.27
-0.19 104.02 0.81 99.03
-0.14 103.76 0.86 98.79
-0.09 103.51 0.91 98.55
-0.04 103.25 0.96 98.31
0.01 103.00 1.01 98.07
0.06 102.75 1.06 97.83
0.11 102.49 1.11 97.59
0.16 102.24 1.16 97.35
0.21 101.99 1.21 97.11
0.26 101.74 1.26 96.88
0.31 101.49 1.31 96.64
0.36 101.24 1.36 96.41
0.41 100.99 1.41 96.17
0.46 100.74 1.46 95.94
0.51 100.50 1.51 95.71
0.56 100.25 1.56 95.48
0.61 100.00 1.61 95.24
* 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/Friday, January 25, 2013
Issued at HKT 16:30
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