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Tender results of 5-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 5-year HKD institutional Government Bonds (issue number 05GB2912001) under the Infrastructure Bond Programme was held today (4 December).

A total of HK$3. 0 billion 5-year Government Bonds were offered today. A total of HK$9. 734 billion tender applications were received. The bid-to-cover ratio, i. e. the ratio of bonds applied for to bonds issued, is 3. 24. The average price accepted is 100. 35, implying an annualised yield of 3. 179%.

Hong Kong Monetary Authority 4 December 2024

HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS

Tender results of 5-year HKD HKSAR Institutional Government Bonds:-

Tender Date

:

4 December 2024

Issue Number

:

05GB2912001

Stock Code

:

4284 (HKGB 3. 23 2912)

Issue and Settlement Date

:

5 December 2024

Tenor

:

5 years

Maturity Date

:

5 December 2029

Coupon Rate

:

3. 23%

Amount Applied

:

HK$9. 734 billion

Amount Allotted

:

HK$3. 0 billion

Bid-to-Cover Ratio*

:

3. 24

Average Price Accepted (Yield)

:

100. 35 (3. 179%)

Lowest Price Accepted (Yield)

:

100. 03 (3. 249%)

Pro-rata Ratio

:

About 32%

Average Tender Price (Yield)

:

99. 15 (3. 445%)

* Calculated as the amount of bonds applied for over the amount of bonds issued. Hong Kong Monetary Authority 4 December 2024

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