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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 (February 4) that tender for a 5-year Government Bond (issue number 05GB1802) under the Institutional Bond Issuance Programme was held today.
A total of HK$2.0 billion 5-year Government Bonds were offered today. A total of HK$5.965 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.98. The average price accepted is 98.65, implying an annualised yield of 0.890%.
HKSAR GOVERNMENT INSTITUTIONAL BOND ISSUANCE PROGRAMME GOVERNMENT BOND TENDER RESULTS
Tender results of 5-year Government Bonds under the Institutional Bond Issuance Programme:-
Tender Date : February 4, 2013
Issue Number : 05GB1802
Stock Code : 4216 (HKGB 0.61 1802)
Issue and Settlement Date : February 5, 2013
Tenor : 5-year
Maturity Date : February 5, 2018
Coupon Rate : 0.61%
Amount Applied : HK$5.965 billion
Amount Allotted : HK$2.0 billion
Bid-to-Cover Ratio* : 2.98
Average Price Accepted (Yield): 98.65 (0.890%)
Lowest Price Accepted (Yield) : 98.50 (0.920%)
Pro-rata Ratio : About 40%
Average Tender Price (Yield) : 98.24 (0.975%)
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Monday, February 4, 2013
Issued at HKT 12:42
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