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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 of 5-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB2002 under the Institutional Bond Issuance Programme was held today (April 15).
A total of HK$3.2 billion 5-year Government Bonds were offered today. A total of HK$9.705 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.03. The average price accepted is 99.60, implying an annualised yield of 1.149%.
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 : April 15, 2015
Issue Number : 05GB2002 (Re-open)
Stock Code : 4225 (HKGB 1.06 2002)
Issue and Settlement Date: April 16, 2015
Tenor : 5-year
Maturity Date : February 5, 2020
Coupon Rate : 1.06%
Amount Applied : HK$9.705 billion
Amount Allotted : HK$3.2 billion
Bid-to-Cover Ratio* : 3.03
Average Price Accepted (Yield) : 99.60 (1.149%)
Lowest Price Accepted (Yield) : 99.51 (1.168%)
Pro-rata Ratio : About 22%
Average Tender Price (Yield) : 99.36 (1.201%)
*Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, April 15, 2015
Issued at HKT 13:15
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