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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 (February 4) that tender for a 5-year Government Bond (issue number 05GB2002) under the Institutional Bond Issuance Programme was held today.
A total of HK$1.5 billion 5-year Government Bonds were offered today. A total of HK$5.605 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.74. The average price accepted is 99.19, implying an annualised yield of 1.231%.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
Tender results of 5-year Government Bonds under the Institutional Bond Issuance Programme:
Tender Date : February 4, 2015
Issue Number : 05GB2002
Stock Code : 4225
(HKGB 1.06 2002)
Issue and Settlement Date : February 5, 2015
Tenor : 5-year
Maturity Date : February 5, 2020
Coupon Rate : 1.06%
Amount Applied : HK$5.605 billion
Amount Allotted : HK$1.5 billion
Bid-to-Cover Ratio* : 3.74
Average Price Accepted (Yield) : 99.19 (1.231%)
Lowest Price Accepted (Yield) : 99.10 (1.250%)
Pro-rata Ratio : About 10%
Average Tender Price (Yield) : 98.89 (1.295%)
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Ends/Wednesday, February 4, 2015
Issued at HKT 12:42
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