HKMA Announces Reopening Tender Results for 3-Year HKD HKSAR Government Institutional Bond (05GB2912001)
Results of 3-year HKD HKSAR Institutional Government Bonds tender through re-opening
On behalf of the Hong Kong SAR Government, the Hong Kong Monetary Authority (HKMA) completed the reopening tender for the 3-year HKD HKSAR Government Institutional Bond (05GB2912001) on October 21. This tender falls under the Infrastructure Bond Scheme of the Government Bond Programme. The total issuance size of this tender was HKD 750 million, attracting HKD 3.537 billion in bid applications, resulting in a bid-to-cover ratio of 4.72. The average accepted bid price was 98.38, corresponding to an annualized yield of 3.821%. The bond will be issued and settled on October 22, with a maturity date of December 5, 2029, and a coupon rate of 3.23%.
Source:Hong Kong Monetary Authority: Press Releases · hkma.gov.hk