HKMA Announces Reopening Tender Results for 10-Year HKD Institutional Government Bonds
Results of 10-year HKD HKSAR Institutional Government Bonds tender through re-opening
The Hong Kong Monetary Authority (HKMA), on behalf of the Hong Kong SAR Government, announced that the reopening tender for 10-year HKD institutional government bonds (Issue No. 10GB3507001) was completed on October 21. The total issuance size for this tender was HKD 1.25 billion, with a total of HKD 4.030 billion in tender applications received, resulting in a bid-to-cover ratio of 3.22. The average accepted price for this tender was 93.06, corresponding to an annualized yield of 4.164%. The lowest accepted price was 92.74, corresponding to an annualized yield of 4.211%, with a pro-rata allocation ratio of approximately 37%.
Source:HKMA: Press Releases · hkma.gov.hk