Tender results of 15-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 15-year HKD institutional Government Bonds
(issue number 15GB3912001) under the Infrastructure Bond Programme was
held today (4 December).
A total of HK$0. 5 billion 15-year
Government Bonds were offered today. A total of HK$2. 264 billion
tender applications were received. The bid-to-cover ratio, i. e. the
ratio of bonds applied for to bonds issued, is 4. 53. The average
price accepted is 101. 79, implying an annualised yield of 3. 627%.
Hong Kong Monetary Authority 4 December 2024
HKSAR
INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results
of 15-year HKD HKSAR Institutional Government Bonds:-
Tender
Date
:
4 December 2024
Issue Number
:
15GB3912001
Stock Code
:
4287 (HKGB 3. 75 3912)
Issue and Settlement Date
:
5 December 2024
Tenor
:
15
years
Maturity Date
:
5 December
2039
Coupon Rate
:
3. 75%
Amount
Applied
:
HK$2. 264 billion
Amount Allotted
:
HK$0. 5 billion
Bid-to-Cover Ratio*
:
4. 53
Average Price Accepted (Yield)
:
101. 79 (3. 627%)
Lowest Price Accepted
(Yield)
:
101. 30 (3. 670%)
Pro-rata Ratio
:
About 10%
Average Tender Price (Yield)
:
98. 94 (3. 881%)
* Calculated as the amount
of bonds applied for over the amount of bonds issued. Hong Kong
Monetary Authority 4 December 2024