Tender results of one-year HONIA-indexed Floating Rate Notes under Institutional Bond Issuance Programme
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The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of one-year HONIA-indexed Floating Rate Notes (issue number 01GH2311) under the Institutional Bond Issuance Programme was held today (November 16).
A total of HK$1.5 billion one-year HONIA-indexed Floating Rate Notes were allocated today. A total of HK$4.740 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 3.16. The highest spread accepted is 0.40 per cent.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of one-year HONIA-indexed Floating Rate Notes under the Institutional Bond Issuance Programme:
| Tender Date | : | November 16, 2022 |
| Issue Number | : | 01GH2311 |
| Stock Code | : | 4257 (HKGB FRN 2311) |
| Issue and Settlement Date | : | November 17, 2022 |
| Tenor | : | One-year |
| Maturity Date | : | November 17, 2023 |
| Amount Applied | : | HK$4.740 billion |
| Amount Allotted | : | HK$1.5 billion |
| Bid-to-Cover Ratio* | : | 3.16 |
| Highest Spread Accepted | : | 0.40 per cent |
| Average Spread Accepted | : | 0.28 per cent |
| Pro-rata Ratio | : | About 18 per cent |
| Average Tender Spread | : | 0.73 per cent |
Ends/Wednesday, November 16, 2022
Issued at HKT 15:45
Issued at HKT 15:45
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