Go to main content
Tender results of re-opening of 15-year Government Bonds under Institutional Bond Issuance Programme
The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 10-year Government Bonds through the re-opening of existing 15-year Government Bond issue 15GB3203 under the Institutional Bond Issuance Programme was held today (July 13). 
     A total of HK$1.5 billion 10-year Government Bonds were offered today. A total of HK$5.144 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.43. The average price accepted is 89.16, implying an annualised yield of 3.232 per cent. 

HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
     Tender results of the re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
Tender Date : July 13, 2022
Issue Number  : 15GB3203 (Re-open)
Stock Code  : 4232 (HKGB 1.89 3203)
Issue and Settlement Date  : July 14, 2022
Tenor  : 10-year
Maturity Date  : March 2, 2032
Coupon Rate  : 1.89 per cent
Amount Applied  : HK$5.144 billion
Amount Allotted  : HK$1.5 billion
Bid-to-Cover Ratio*  : 3.43
Average Price Accepted (Yield)  : 89.16 (3.232 per cent)
Lowest Price Accepted (Yield)  : 88.70 (3.293 per cent)
Pro-rata Ratio : About 20 per cent 
Average Tender Price (Yield)  : 87.96 (3.392 per cent)

* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, July 13, 2022
Issued at HKT 15:20
Today's Press Releases