Tender results of re-opening of 15-year Government Bonds under Institutional Bond Issuance Programme
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ýÿThe Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 15-year Government Bonds through the re-opening of existing 15-year Government Bond (issue number 15GB3801) under the Institutional Bond Issuance Programme was held today (June 28).
A total of HK$0.5 billion 15-year Government Bonds were offered today. A total of HK$2.212 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of the amount of bonds applied for over the amount of bonds issued, is 4.42. The average price accepted is 96.97, implying an annualised yield of 4.057 per cent.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of the re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
| Tender Date | : | June 28, 2023 |
| Issue Number | : | 15GB3801 (Re-open) |
| Stock Code | : | 4258 (HKGB 3.74 3801) |
| Issue and Settlement Date | : | June 29, 2023 |
| Tenor | : | 15-year |
| Maturity Date | : | January 12, 2038 |
| Coupon Rate | : | 3.74% |
| Amount Applied | : | HK$2.212 billion |
| Amount Allotted | : | HK$0.5 billion |
| Bid-to-Cover Ratio* | : | 4.42 |
| Average Price Accepted (Yield) | : | 96.97 (4.057%) |
| Lowest Price Accepted (Yield) | : | 96.00 (4.150%) |
| Pro-rata Ratio | : | About 23% |
| Average Tender Price (Yield) | : | 95.16 (4.231%) |
* Ratio of the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, June 28, 2023
Issued at HKT 15:13
Issued at HKT 15:13
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