Tender results of the re-opening of 15-year Government Bonds under Institutional Bond Issuance Programme
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The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces that a tender of 15-year Government Bonds through the re-opening of existing 15-year Government Bond issue 15GB3007 under the Institutional Bond Issuance Programme was held today (September 7).
A total of HK$0.6 billion 15-year Government Bonds were offered today. A total of HK$2.625 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.38. The average price accepted is 114.97, implying an annualised yield of 0.974%.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
Tender results of re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date |
: | September 7, 2016 |
| Issue Number |
: | 15GB3007 (Re-open) |
| Stock Code |
: | 4227 (HKGB 2.13 3007) |
| Issue and Settlement Date |
: | September 8, 2016 |
| Tenor |
: | 15-year |
| Maturity Date |
: | July 16, 2030 |
| Coupon Rate |
: | 2.13% |
| Amount Applied |
: | HK$2.625 billion |
| Amount Allotted |
: | HK$0.6 billion |
| Bid-to-Cover Ratio* |
: | 4.38 |
| Average Price Accepted (Yield) |
: | 114.97 (0.974%) |
| Lowest Price Accepted (Yield) |
: | 112.30 (1.169%) |
| Pro-rata Ratio | : | About 81% |
| Average Tender Price (Yield) |
: | 112.19 (1.178%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, September 7, 2016
Issued at HKT 12:25
Issued at HKT 12:25
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