Tender results of 1-year HONIA-indexed Floating Rate Notes
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The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 1-year HONIA-indexed Floating Rate Notes (issue number 01GH2511001) under the Infrastructure Bond Programme was held today (November 20).
A total of HK$1.5 billion 1-year HONIA-indexed Floating Rate Notes were offered today. A total of HK$4.095 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 2.73. The highest spread accepted is 0.22 per cent.
HKSAR Institutional Government Bonds Tender Results
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Tender results of 1-year HONIA-indexed Floating Rate Notes:
| Tender Date | : | November 20, 2024 |
| Issue Number | : | 01GH2511001 |
| Stock Code | : | 4285 (HKGB FRN 2511) |
| Issue and Settlement Date | : | November 21, 2024 |
| Tenor | : | 1 year |
| Maturity Date | : | November 21, 2025 |
| Amount Applied | : | HK$4.095 billion |
| Amount Allotted | : | HK$1.5 billion |
| Bid-to-Cover Ratio* | : | 2.73 |
| Highest Spread Accepted | : | 0.22 per cent |
| Average Spread Accepted | : | 0.18 per cent |
| Pro-rata Ratio | : | About 76 per cent |
| Average Tender Spread | : | 0.40 per cent |
* Calculated as the amount of notes applied for over the amount of notes issued.
Ends/Wednesday, November 20, 2024
Issued at HKT 16:35
Issued at HKT 16:35
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