Go to main content
Tender results of re-opening of 15-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 tender of 15-year Government Bonds through the re-opening of existing 15-year Government Bond issue 15GB3203 under the Institutional Bond Issuance Programme was held today (September 6).

     A total of HK$0.6 billion 15-year Government Bonds were offered today.  A total of HK$2.039 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.40. The average price accepted is 104.34, implying an annualised yield of 1.561%. 

HKSAR Government Institutional Bond Issuance Programme Government Bond tender results

Tender results of re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
Tender Date
: September 6, 2017
Issue Number
: 15GB3203 (Re-open)
Stock Code
: 4232 (HKGB 1.89 3203)
Issue and Settlement Date
: September 7, 2017
: 15-year
Maturity Date
: March 2, 2032
Coupon Rate
: 1.89%
Amount Applied
: HK$2.039 billion
Amount Allotted
: HK$0.6 billion
Bid-to-Cover Ratio*
: 3.40
Average Price Accepted (Yield)
: 104.34 (1.561%)
Lowest Price Accepted (Yield)
: 103.90 (1.594%)
Pro-rata Ratio : About 32%
Average Tender Price (Yield)
: 103.62 (1.616%)
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, September 6, 2017
Issued at HKT 15:38
Today's Press Releases