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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 26) that a tender of 5-year Government Bonds (Bonds) under the Institutional Bond Issuance Programme will be held on February 4 (Wednesday), for settlement on February 5 (Thursday).
A total of HK$1.5 billion 5-year Bonds will be tendered. The Bonds will mature on February 5, 2020 and will carry interest at the rate of 1.06% per annum payable semi-annually in arrears.
Under the Institutional Bond Issuance Programme, tender is open only to Recognized 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 : 05GB2002
Stock code : 4225 (HKGB 1.06 2002)
Tender Date and Time : February 4, 2015 (Wednesday)
9.30am to 10.30am
Issue and Settlement : February 5, 2015 (Thursday)
Date
Amount on Offer : HK$1.5 billion
Maturity : Five years
Maturity Date : February 5, 2020
Interest Rate : 1.06% p.a., payable semi-
annually in arrears
Interest Payment : August 5, 2015
Dates February 5, 2016
August 5, 2016
February 6, 2017
August 7, 2017
February 5, 2018
August 6, 2018
February 8, 2019
August 5, 2019
February 5, 2020
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, 2015
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
0.060 104.99 1.060 100.01
0.110 104.74 1.110 99.77
0.160 104.48 1.160 99.53
0.210 104.23 1.210 99.29
0.260 103.97 1.260 99.05
0.310 103.72 1.310 98.81
0.360 103.47 1.360 98.58
0.410 103.22 1.410 98.34
0.460 102.97 1.460 98.10
0.510 102.72 1.510 97.87
0.560 102.47 1.560 97.63
0.610 102.22 1.610 97.40
0.660 101.97 1.660 97.16
0.710 101.72 1.710 96.93
0.760 101.48 1.760 96.70
0.810 101.23 1.810 96.47
0.860 100.99 1.860 96.24
0.910 100.74 1.910 96.01
0.960 100.50 1.960 95.78
1.010 100.26 2.010 95.55
1.060 100.01 2.060 95.32
* 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/Monday, January 26, 2015
Issued at HKT 17:26
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