Tender results of re-opening of 3-year Government Bonds under Institutional Bond Issuance Programme
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The Hong Kong Monetary Authority, 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 3-year Government Bond (issue number 03GB2504) under the Institutional Bond Issuance Programme was held today (October 12).
A total of HK$2.5 billion 3-year Government Bonds were offered today. A total of HK$10.981 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of the amount of bonds applied for over the amount of bonds issued, is 4.39. The average price accepted is 94.40, implying an annualised yield of 4.215per cent.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of the re-opening of 3-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | October 12, 2022 |
| Issue Number | : | 03GB2504 (Re-open) |
| Stock Code | : | 4253 (HKGB 1.79 2504) |
| Issue and Settlement Date | : | October 13, 2022 |
| Tenor | : | 3-year |
| Maturity Date | : | April 14, 2025 |
| Coupon Rate | : | 1.79 per cent |
| Amount Applied | : | HK$10.981 billion |
| Amount Allotted | : | HK$2.5 billion |
| Bid-to-Cover Ratio* | : | 4.39 |
| Average Price Accepted (Yield) | : | 94.40 (4.215 per cent) |
| Lowest Price Accepted (Yield) | : | 94.30 (4.259 per cent) |
| Pro-rata Ratio | : | About 6 per cent |
| Average Tender Price (Yield) | : | 94.06 (4.366 per cent) |
* Ratio of the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, October 12, 2022
Issued at HKT 15:06
Issued at HKT 15:06
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