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 10-year Government Bond issue 10GB2408 under the Institutional Bond Issuance Programme was held today (Wednesday).
A total of HK$2.5 billion 5-year Government Bonds were offered today. A total of HK$10.013 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 4.01. The average price accepted is 102.42, implying an annualised yield of 1.693%.
Read More: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2019/11/20191113-4/