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 | : | November, 22 2024 |
| Paper on offer | : | EF Notes |
| Issue number | : | 02Y2611 |
| Issue date | : | November 25, 2024 |
| Maturity date | : | November 25, 2026 |
| Coupon | : | 3.19% p.a. |
| Competitive Tender Result | ||
| Amount applied | : | HK$3,110 MN |
| Amount allotted | : | HK$1,200 MN |
| Average price accepted (yield) | : | 99.85 (3.30 PCT) |
| Lowest price accepted (yield) | : | 99.75 (3.35 PCT) |
| Pro rata ratio* | : | About 69 PCT |
| Average tender price (yield) | : | 99.70 (3.37 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.