Tender results of re-opening of 15-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), 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 12).
A total of HK$0.6 billion 15-year Government Bonds were offered today. A total of HK$2.090 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.48. The average price accepted is 91.00, implying an annualised yield of 2.709%.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | September 12, 2018 |
| Issue Number | : | 15GB3203 (Re-open) |
| Stock Code | : | 4232 (HKGB 1.89 3203) |
| Issue and Settlement Date | : | September 13, 2018 |
| Tenor | : | 15-year |
| Maturity Date | : | March 2, 2032 |
| Coupon Rate | : | 1.89% |
| Amount Applied | : | HK$2.090 billion |
| Amount Allotted | : | HK$0.6 billion |
| Bid-to-Cover Ratio* | : | 3.48 |
| Average Price Accepted (Yield) | : | 91.00 (2.709%) |
| Lowest Price Accepted (Yield) | : | 90.60 (2.747%) |
| Pro-rata Ratio | : | About 51% |
| Average Tender Price (Yield) | : | 89.89 (2.815%) |
*Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, September 12, 2018
Issued at HKT 15:45
Issued at HKT 15:45
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