Exchange Fund Notes tender results
The following is issued on behalf of the Hong Kong Monetary Authority:
Exchange Fund Notes tender results
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Tender date | : | August 21, 2024 |
Paper on offer | : | EF Notes |
Issue number | : | 02Y2608 |
Issue date | : | August 22, 2024 |
Maturity date | : | August 24, 2026 |
Coupon | : | 2.77% p.a. |
Competitive Tender Result | ||
Amount applied | : | HK$5,010 MN |
Amount allotted | : | HK$1,200 MN |
Average price accepted (yield) | : | 99.91 (2.84 PCT) |
Lowest price accepted (yield) | : | 99.80 (2.89 PCT) |
Pro rata ratio* | : | About 16 PCT |
Average tender price (yield) | : | 99.70 (2.95 PCT) |
Non-competitive Tender Results (for applications submitted through Hong Kong Securities Clearing Company Limited) | ||
Amount applied | : | NIL |
Amount allotted | : | NIL |
Allotment Price (yield) | : | NIL |
Pro rata ratio* | : | NIL |
* "Pro rata ratio" refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the "lowest price accepted" level.