Tender results of 10-year HKD 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 10-year HKD institutional Government Bonds
(issue number 10GB3501001) under the Infrastructure Bond Programme was
held today (15 January).
A total of HK$2. 0 billion 10-year
Government Bonds were offered today. A total of HK$7. 250 billion
tender applications were received. The bid-to-cover ratio, i. e. the
ratio of bonds applied for to bonds issued, is 3. 63. The average
price accepted is 98. 66, implying an annualised yield of 4. 044%.
Hong Kong Monetary Authority 15 January 2025
HKSAR
INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results
of 10-year HKD HKSAR Institutional Government Bonds:-
Tender
Date
:
15 January 2025
Issue Number
:
10GB3501001
Stock Code
:
4288 (HKGB 3. 84 3501)
Issue and Settlement Date
:
16 January 2025
Tenor
:
10
years
Maturity Date
:
16 January
2035
Coupon Rate
:
3. 84%
Amount
Applied
:
HK$7. 250 billion
Amount Allotted
:
HK$2. 0 billion
Bid-to-Cover Ratio*
:
3. 63
Average Price Accepted (Yield)
:
98. 66 (4. 044%)
Lowest Price Accepted
(Yield)
:
98. 29 (4. 091%)
Pro-rata Ratio
:
About 45%
Average Tender Price (Yield)
:
96. 69 (4. 295%)
* Calculated as the amount
of bonds applied for over the amount of bonds issued. Hong Kong
Monetary Authority 15 January 2025