Tender results of the 5-year Government Bonds under the 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 tender for a 5-year Government Bond (issue number 05GB2205) under the Institutional Bond Issuance Programme was held today (May 17).
A total of HK$2.5 billion 5-year Government Bonds were offered today. A total of HK$6.430 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 2.57. The average price accepted is 99.84, implying an annualised yield of 1.197%.
HKSAR Government Institutional Bond Issuance Programme Government Bond Tender Result
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Tender results of 5-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | May 17, 2017 |
| Issue Number | : | 05GB2205 |
| Stock Code | : | 4234 (HKGB 1.16 2205) |
| Issue and Settlement Date | : | May 18, 2017 |
| Tenor | : | 5-year |
| Maturity Date | : | May 18, 2022 |
| Coupon Rate | : | 1.16% |
| Amount Applied | : | HK$6.430 billion |
| Amount Allotted | : | HK$2.5 billion |
| Bid-to-Cover Ratio* | : | 2.57 |
| Average Price Accepted (Yield) | : | 99.84 (1.197%) |
| Lowest Price Accepted (Yield) | : | 99.56 (1.255%) |
| Pro-rata Ratio | : | About 2% |
| Average Tender Price (Yield) | : | 99.20 (1.330%) |
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, May 17, 2017
Issued at HKT 15:25
Issued at HKT 15:25
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