Traditional Chinese Simplified Chinese Email this article news.gov.hk
Tender results of the re-opening of 5-year Government Bonds under the Institutional Bond Issuance Programme
************************************************************

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 of 2-year Government Bonds through the re-opening of existing 5-Year Government Bond issue 05GB1512 under the Institutional Bond Issuance Programme was held today (September 4).  

     A total of HK$3.5 billion 2-year Government Bonds were offered today.  A total of HK$9.485 billion tender applications were received.  The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.71.  The average price accepted is 101.53, implying an annualised yield of 0.742%.  

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                    : September 4, 2013

Issue Number                   : 05GB1512 (Re-open)

Stock Code                     : 4206(HKGB 1.43 1512)

Issue and Settlement Date      : September 5, 2013

Tenor                          : 2-year

Maturity Date                  : December 2, 2015

Coupon Rate                    : 1.43%

Amount Applied                 : HK$9.485 billion

Amount Allotted                : HK$3.5 billion

Bid-to-Cover Ratio*            : 2.71

Average Price Accepted (Yield) : 101.53 (0.742%)

Lowest Price Accepted (Yield)  : 101.45 (0.777%)

Pro-rata Ratio                 : About 93%

Average Tender Price (Yield)   : 101.24 (0.872%)

* Calculated as the amount of bonds applied for over the amount of bonds issued.

Ends/Wednesday, September 4, 2013
Issued at HKT 12:30

NNNN

Print this page