************************************************************
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 (January 7) that a tender of 10-year Government Bonds (Bonds) under the Institutional Bond Issuance Programme will be held on January 16 (Wednesday), for settlement on January 17 (Thursday).
A total of HK$1.5 billion 10-year Bonds will be tendered. The Bonds will mature on January 17, 2023 and will carry interest at the rate of 1.10% per annum payable semi-annually in arrears.
Under the Institutional Bond Issuance Programme, tender is open only to Recognised Dealers which are appointed as Primary Dealers. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the current published list, which can be obtained from the Government Bond Programme's website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender results will be published on the HKMA's website, Government Bond Programme's website, the Reuters screen (HKGBINDEX), and Bloomberg (GBHK <GO>) not later than 3pm on the tender day.
HKSAR Government Institutional Bond Issuance Programme tender information
Tender information of 10-year Government Bonds under the Institutional Bond Issuance Programme:
Issue Number : 10GB2301
Stock code : 4215 (HKGB 1.10 2301)
Tender Date and Time : January 16, 2013 (Wednesday)
9.30am to 10.30am
Issue and Settlement : January 17, 2013 (Thursday)
Date
Amount on Offer : HK$1.5 billion
Maturity : Ten years
Maturity Date : January 17, 2023
Interest Rate : 1.10% p.a.,
payable semi-annually in
arrears
Interest Payment Dates: July 17, 2013
January 17, 2014
July 17, 2014
January 19, 2015
July 17, 2015
January 18, 2016
July 18, 2016
January 17, 2017
July 17, 2017
January 17, 2018
July 17, 2018
January 17, 2019
July 17, 2019
January 17, 2020
July 17, 2020
January 18, 2021
July 19, 2021
January 17, 2022
July 18, 2022
January 17, 2023
Method of Tender : Competitive tender
Tender Amount : Each competitive tender must
be for an amount of HK$50,000
or integral multiples thereof.
Any tender applications for
the Bonds must be submitted
through a Primary Dealer on
the current published list.
Other details : Please see Information
Memorandum available on the
Government Bond Programme's
website at www.hkgb.gov.hk or
approach Primary Dealers.
Expected commencement
date of dealing on
the Stock Exchange
of Hong Kong Limited : January 18, 2013
Price/Yield Table of the new Government Bonds at tender for reference* only:
Yield-to- Price Yield-to- Price
Maturity Maturity
0.10 109.95 1.10 100.03
0.15 109.43 1.15 99.56
0.20 108.91 1.20 99.09
0.25 108.39 1.25 98.63
0.30 107.88 1.30 98.17
0.35 107.37 1.35 97.71
0.40 106.86 1.40 97.25
0.45 106.35 1.45 96.80
0.50 105.85 1.50 96.35
0.55 105.35 1.55 95.90
0.60 104.85 1.60 95.45
0.65 104.36 1.65 95.01
0.70 103.87 1.70 94.57
0.75 103.38 1.75 94.13
0.80 102.89 1.80 93.69
0.85 102.41 1.85 93.26
0.90 101.93 1.90 92.82
0.95 101.45 1.95 92.39
1.00 100.97 2.00 91.96
1.05 100.50 2.05 91.54
1.10 100.03 2.10 91.12
* Disclaimer
The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
Ends/Monday, January 7, 2013
Issued at HKT 16:55
NNNN
