Tender results of re-opening of 5-year Government Bonds under Institutional Bond Issuance Programme
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The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 3-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB2002 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$4.0 billion 3-year Government Bonds were offered today. A total of HK$10.315 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.58. The average price accepted is 101.41, implying an annualised yield of 0.634%.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of re-opening of 5-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | October 5, 2016 |
| Issue Number | : | 05GB2002 (Re-open) |
| Stock Code | : | 4225 (HKGB 1.06 2002) |
| Issue and Settlement Date | : | October 6, 2016 |
| Tenor | : | 3-year |
| Maturity Date | : | February 5, 2020 |
| Coupon Rate | : | 1.06% |
| Amount Applied | : | HK$10.315 billion |
| Amount Allotted | : | HK$4.0 billion |
| Bid-to-Cover Ratio* | : | 2.58 |
| Average Price Accepted (Yield) | : | 101.41 (0.634%) |
| Lowest Price Accepted (Yield) | : | 101.01 (0.754%) |
| Pro-rata Ratio | : | About 91% |
| Average Tender Price (Yield) | : | 100.89 (0.791%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued
Ends/Wednesday, October 5, 2016
Issued at HKT 16:18
Issued at HKT 16:18
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