Tender results of 1-year HONIA-indexed Floating Rate Notes
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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 for 1-year HONIA-indexed Floating Rate Notes (issue number 01GH2602001) under the Infrastructure Bond Programme was held today (February 19).
A total of HK$1.5 billion 1-year HONIA-indexed Floating Rate Notes were offered today. A total of HK$7.299 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 4.87. The highest spread accepted is 0.20 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 1-year HONIA-indexed Floating Rate Notes:
| Tender Date | : | February 19, 2025 |
| Issue Number | : | 01GH2602001 |
| Stock Code | : | 4289 (HKGB FRN 2602) |
| Issue and Settlement Date | : | February 20, 2025 |
| Tenor | : | 1 year |
| Maturity Date | : | February 20, 2026 |
| Amount Applied | : | HK$7.299 billion |
| Amount Allotted | : | HK$1.5 billion |
| Bid-to-Cover Ratio* | : | 4.87 |
| Highest Spread Accepted | : | 0.20 per cent |
| Average Spread Accepted | : | 0.18 per cent |
| Pro-rata Ratio | : | About 27 per cent |
| Average Tender Spread | : | 0.35 per cent |
* Calculated as the amount of notes applied for over the amount of notes issued.
Ends/Wednesday, February 19, 2025
Issued at HKT 16:53
Issued at HKT 16:53
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