Tender results of 5-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 5-year RMB institutional Government Bonds
(issue number 05GB2912002) under the Infrastructure Bond Programme was
held today (5 December).
A total of RMB1. 0 billion 5-year
Government Bonds were offered today. A total of RMB3. 028 billion
tender applications were received. The bid-to-cover ratio, i. e. the
ratio of bonds applied for to bonds issued, is 3. 03. The average
price accepted is 100. 60, implying an annualised yield of 2. 255%.
Hong Kong Monetary Authority 5 December 2024
HKSAR
INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results
of 5-year RMB HKSAR Institutional Government Bonds:-
Tender
Date
:
5 December 2024
Issue Number
:
05GB2912002
Stock Code
:
84596 (HKGB2. 37 2912-R)
Issue and Settlement Date
:
9 December 2024
Tenor
:
5
years
Maturity Date
:
10 December
2029
Coupon Rate
:
2. 37%
Amount
Applied
:
RMB3. 028 billion
Amount Allotted
:
RMB1. 0 billion
Bid-to-Cover Ratio*
:
3. 03
Average Price Accepted (Yield)
:
100. 60 (2. 255%)
Lowest Price Accepted
(Yield)
:
100. 40 (2. 298%)
Pro-rata Ratio
:
About 1%
Average Tender Price (Yield)
:
100. 18 (2. 345%)
* Calculated as the amount
of bonds applied for over the amount of bonds issued. Hong Kong
Monetary Authority 5 December 2024