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 1-year RMB institutional Government Bonds (issue number 01GB2512001) under the Infrastructure Bond Programme was held today (December 5).
A total of RMB1.5 billion 1-year Government Bonds were offered today. A total of RMB6.258 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.17. The average price accepted is 100.33, implying an annualised yield of 2.055 per cent.
HKSAR Institutional Government Bonds Tender Results
Tender results of 1-year RMB HKSAR Institutional Government Bonds:
| Tender Date | : | December 5, 2024 |
| Issue Number | : | 01GB2512001 |
| Stock Code | : | 84595 (HKGB2.38 2512-R) |
| Issue and Settlement Date | : | December 9, 2024 |
| Tenor | : | 1 year |
| Maturity Date | : | December 9, 2025 |
| Coupon Rate | : | 2.38 per cent |
| Amount Applied | : | RMB6.258 billion |
| Amount Allotted | : | RMB1.5 billion |
| Bid-to-Cover Ratio* | : | 4.17 |
| Average Price Accepted (Yield) | : | 100.33 (2.055 per cent) |
| Lowest Price Accepted (Yield) | : | 100.33 (2.055 per cent) |
| Pro-rata Ratio | : | About 96 per cent |
| Average Tender Price (Yield) | : | 100.18 (2.214 per cent) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
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