Tender results of the re-opening of 5-year Government Bonds under the Institutional Bond Issuance Programme

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces that a tender of 5-year Government Bonds through the re-opening of existing 5-year Government Bond issue 05GB2002 under the Institutional Bond Issuance Programme was held today (Wednesday).  

A total of HK$3.2 billion 5-year Government Bonds were offered today.  A total of HK$9.705 billion tender applications were received.  The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.03.  The average price accepted is 99.60, implying an annualised yield of 1.149%. 

Hong Kong Monetary Authority 15 April 2015