Tender results of 15-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 15-year Government Bonds (issue number 15GB3801) under the Institutional Bond Issuance Programme was held today (January 11).
A total of HK$1.0 billion 15-year Government Bonds were offered today. A total of HK$2.157 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 2.16. The average price accepted is 99.00, implying an annualised yield of 3.865%.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of 15-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | January 11, 2023 |
| Issue Number | : | 15GB3801 |
| Stock Code | : | 4258 (HKGB 3.74 3801) |
| Issue and Settlement Date | : | January 12, 2023 |
| Tenor | : | 15-year |
| Maturity Date | : | January 12, 2038 |
| Coupon Rate | : | 3.74 per cent |
| Amount Applied | : | HK$2.157 billion |
| Amount Allotted | : | HK$1.0 billion |
| Bid-to-Cover Ratio* | : | 2.16 |
| Average Price Accepted (Yield) | : | 99.00 (3.865 per cent) |
| Lowest Price Accepted (Yield) | : | 97.35 (4.016 per cent) |
| Pro-rata Ratio | : | About 43 per cent |
| Average Tender Price (Yield) | : | 97.28 (4.022 per cent) |
* Ratio of the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, January 11, 2023
Issued at HKT 16:00
Issued at HKT 16:00
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