Tender results of 1-year RMB HKSAR Institutional Government Bonds
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 (5 December).
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%.
Hong Kong Monetary Authority 5 December 2024
HKSAR
INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results
of 1-year RMB HKSAR Institutional Government Bonds:-
Tender
Date
:
5 December 2024
Issue Number
:
01GB2512001
Stock Code
:
84595 (HKGB2. 38 2512-R)
Issue and Settlement Date
:
9 December 2024
Tenor
:
1
year
Maturity Date
:
9 December
2025
Coupon Rate
:
2. 38%
Amount
Applied
:
RMB6. 258 billion
Amount Allotted
:
RMB1. 5 billion
Bid-to-Cover Ratio*
:
4. 17
Average Price Accepted (Yield)
:
100. 33 (2. 055%)
Lowest Price Accepted
(Yield)
:
100. 33 (2. 055%)
Pro-rata Ratio
:
About 96%
Average Tender Price (Yield)
:
100. 18 (2. 214%)
* Calculated as the amount
of bonds applied for over the amount of bonds issued. Hong Kong
Monetary Authority 5 December 2024