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), announces that a tender of 3-year Government Bonds through the re-opening of existing 3-year Government Bond issue 03GB2404 under the Institutional Bond Issuance Programme was held today (October 21).
A total of HK$4.0 billion 3-year Government Bonds were offered today. A total of HK$20.035 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 5.01. The average price accepted is 99.55, implying an annualised yield of 0.542 per cent.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of the re-opening of 3-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | October 21, 2021 |
| Issue Number | : | 03GB2404 (Re-open) |
| Stock Code | : | 4245 (HKGB 0.36 2404) |
| Issue and Settlement Date | : | October 22, 2021 |
| Tenor | : | 3-year |
| Maturity Date | : | April 15, 2024 |
| Coupon Rate | : | 0.36 per cent |
| Amount Applied | : | HK$20.035 billion |
| Amount Allotted | : | HK$4.0 billion |
| Bid-to-Cover Ratio* | : | 5.01 |
| Average Price Accepted (yield) | : | 99.55 (0.542 per cent) |
| Lowest Price Accepted (yield) | : | 99.43 (0.593 per cent) |
| Pro-rata Ratio | : | About 38 per cent |
| Average Tender Price (yield) | : | 99.24 (0.672 per cent) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
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