Traditional Chinese Simplified Chinese Email this article
Tender results of re-opening of 5-year Government Bonds under 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 3-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB1802 under the Institutional Bond Issuance Programme was held today (March 11).

     A total of HK$4.4 billion 3-year Government Bonds were offered today. A total of HK$15.863 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.61. The average price accepted is 98.84, implying an annualised yield of 1.021%.  

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                     : March 11, 2015

Issue Number                    : 05GB1802 (Re-open)

Stock Code                      : 4216 (HKGB 0.61 1802)

Issue and Settlement Date       : March 12, 2015

Tenor                           : 3-year

Maturity Date                   : February 5, 2018

Coupon Rate                     : 0.61%

Amount Applied                  : HK$15.863 billion

Amount Allotted                 : HK$4.4 billion

Bid-to-Cover Ratio*             : 3.61

Average Price Accepted (Yield)  : 98.84 (1.021%)

Lowest Price Accepted (Yield)   : 98.70 (1.069%)

Pro-rata Ratio                  : About 1%

Average Tender Price (Yield)    : 98.61 (1.100%)

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

Ends/Wednesday, March 11, 2015
Issued at HKT 12:22


Print this page