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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (November 4) that tender for a 5-year Government Bond (issue number 05GB2011) under the Institutional Bond Issuance Programme was held today.
A total of HK$3.0 billion 5-year Government Bonds were offered today. A total of HK$6.070 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.02. The average price accepted is 98.37, implying an annualised yield of 1.252%.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of 5-year Government Bonds under the Institutional Bond Issuance Programme:
Tender Date : November 4, 2015
Issue Number : 05GB2011
Stock Code : 4229 (HKGB 0.91 2011)
Issue and Settlement Date : November 5, 2015
Tenor : 5-year
Maturity Date : November 5, 2020
Coupon Rate : 0.91%
Amount Applied : HK$6.070 billion
Amount Allotted : HK$3.0 billion
Bid-to-Cover Ratio* : 2.02
Average Price Accepted (Yield) : 98.37 (1.252%)
Lowest Price Accepted (Yield) : 97.98 (1.333%)
Pro-rata Ratio : About 62%
Average Tender Price (Yield) : 97.83 (1.366%)
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, November 4, 2015
Issued at HKT 12:00
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