Tender results of the 10-year Government Bonds under the 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), announces today (June 28) that tender for a 10-year Government Bond (issue number 10GB2706) under the Institutional Bond Issuance Programme was held today.
A total of HK$1.2 billion 10-year Government Bonds were allocated today. A total of HK$4.311 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.59. The average price accepted is 98.78, implying an annualised yield of 1.386 per cent.
HKSAR Government Institutional Bond Issuance Programme
Government Bond Tender Results
Tender results of 10-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | June 28, 2017 |
| Issue Number | : | 10GB2706 |
| Stock Code | : | 4235 (HKGB 1.25 2706) |
| Issue and Settlement Date | : | June 29, 2017 |
| Tenor | : | 10-year |
| Maturity Date | : | June 29, 2027 |
| Coupon Rate | : | 1.25% |
| Amount Applied | : | HK$4.311 billion |
| Amount Allotted | : | HK$1.2 billion |
| Bid-to-Cover Ratio* | : | 3.59 |
| Average Price Accepted (Yield) | : | 98.78 (1.386%) |
| Lowest Price Accepted (Yield) | : | 98.50 (1.416%) |
| Pro-rata Ratio | : | About 40% |
| Average Tender Price (Yield) | : | 97.36 (1.542%) |
Ends/Wednesday, June 28, 2017
Issued at HKT 15:15
Issued at HKT 15:15
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