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 5-year Government Bonds through the re-opening of existing 10-year Government Bond issue 10GB2408 under the Institutional Bond Issuance Programme was held today (May 15).
A total of HK$2.5 billion 5-year Government Bonds were offered today. A total of HK$9.364 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.75. The average price accepted is 101.95, implying an annualised yield of 1.835%.
HKSAR Government Institutional Bond Issuance Programme Government Bond Tender Results
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Tender results of re-opening of 10-year Government Bonds under the Institutional Bond Issuance Programme:
|
Tender Date |
: | May 15, 2019 |
|
Issue Number |
: | 10GB2408 (Re-open) |
|
Stock Code |
: | 4221 (HKGB 2.22 2408) |
|
Issue and Settlement Date |
: | May 16, 2019 |
|
Tenor |
: | 5-year |
|
Maturity Date |
: | August 7, 2024 |
|
Coupon Rate |
: | 2.22% |
|
Amount Applied |
: | HK$9.364 billion |
|
Amount Allotted |
: | HK$2.5 billion |
|
Bid-to-Cover Ratio* |
: | 3.75 |
|
Average Price Accepted (Yield) |
: | 101.95 (1.835%) |
|
Lowest Price Accepted (Yield) |
: | 101.72 (1.882%) |
| Pro-rata Ratio | : |
About 90% |
|
Average Tender Price (Yield) |
: | 101.30 (1.966%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
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