The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 5-year RMB institutional Government Bonds (issue number 05GB2912002) under the Infrastructure Bond Programme was held today (December 5).
A total of RMB1.0 billion 5-year Government Bonds were offered today. A total of RMB3.028 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.03. The average price accepted is 100.60, implying an annualised yield of 2.255 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 5-year RMB HKSAR Institutional Government Bonds:
| Tender Date | : | December 5, 2024 |
| Issue Number | : | 05GB2912002 |
| Stock Code | : | 84596 (HKGB2.37 2912-R) |
| Issue and Settlement Date | : | December 9, 2024 |
| Tenor | : | 5 years |
| Maturity Date | : | December 10, 2029 |
| Coupon Rate | : | 2.37 per cent |
| Amount Applied | : | RMB3.028 billion |
| Amount Allotted | : | RMB1.0 billion |
| Bid-to-Cover Ratio* | : | 3.03 |
| Average Price Accepted (Yield) | : | 100.60 (2.255 per cent) |
| Lowest Price Accepted (Yield) | : | 100.40 (2.298 per cent) |
| Pro-rata Ratio | : | About 1 per cent |
| Average Tender Price (Yield) | : | 100.18 (2.345 per cent) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
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