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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 (October 26) that a tender of 5-year Government Bonds (Bonds) under the Institutional Bond Issuance Programme will be held on November 4 (Wednesday), for settlement on November 5 (Thursday).
A total of HK$3.0 billion 5-year Bonds will be tendered. The Bonds will mature on November 5, 2020 and will carry interest at the rate of 0.91% 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
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Tender information of 5-year Government Bonds under the Institutional Bond Issuance Programme:
Issue Number : 05GB2011
Stock code : 4229 (HKGB 0.91 2011)
Tender Date and Time : November 4, 2015 (Wednesday)
9.30am to 10.30am
Issue and Settlement : November 5, 2015 (Thursday)
Date
Amount on Offer : HK$3.0 billion
Maturity : Five years
Maturity Date : November 5, 2020
Interest Rate : 0.91% p.a., payable
semi-annually in arrears
Interest Payment : May 5, 2016
Dates November 7, 2016
May 5, 2017
November 6, 2017
May 7, 2018
November 5, 2018
May 6, 2019
November 5, 2019
May 5, 2020
November 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: November 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-Maturity Price Yield-to-Maturity Price
-0.090 105.01 0.910 100.01
-0.040 104.76 0.960 99.77
0.010 104.50 1.010 99.53
0.060 104.24 1.060 99.28
0.110 103.99 1.110 99.04
0.160 103.73 1.160 98.81
0.210 103.48 1.210 98.57
0.260 103.23 1.260 98.33
0.310 102.98 1.310 98.09
0.360 102.72 1.360 97.85
0.410 102.47 1.410 97.62
0.460 102.22 1.460 97.38
0.510 101.98 1.510 97.15
0.560 101.73 1.560 96.91
0.610 101.48 1.610 96.68
0.660 101.23 1.660 96.45
0.710 100.99 1.710 96.22
0.760 100.74 1.760 95.98
0.810 100.50 1.810 95.75
0.860 100.25 1.860 95.52
0.910 100.01 1.910 95.29
* 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, October 26, 2015
Issued at HKT 16:30
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